5 Stocks to Sell Now According to Javier Velazquez’s Albar Capital

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In this piece, we will take a look at the five stocks to sell now according to Javier Velazquez’s Albar Capital. For more stocks, take a look at 10 Stocks to Sell Now According to Javier Velazquez’s Albar Capital.

5. Apple Inc. (NASDAQ:AAPL)

Albar Capital’s Stake Value in Q1 2022: $5.2 million

Percentage of Albar Capital’s 13F Portfolio In Q1 2022: 2.18%

Number of Hedge Fund Holders: 128

Apple Inc. (NASDAQ:AAPL) is the world’s largest consumer technology firm, which is best known for its iconic smartphone, the iPhone. The company is headquartered in Cupertino, California, the United States.

Albar Capital owned 30,048 Apple Inc. (NASDAQ:AAPL) shares during the first quarter of this year for a $5.2 million stake that represented 2.18% of its portfolio. During Q2 2022, 128 of the 895 hedge funds polled by Insider Monkey had invested in the firm, while Mr. Velazquez’s hedge fund had exited its position.

Apple Inc. (NASDAQ:AAPL) recently launched its iPhone 14 smartphone lineup, which became the first iPhone to support satellite connectivity. It is also significantly growing its services segment, with Apple TV performing strongly as others, such as Netflix, falter. BofA kept a $185 share price target for the company in September 2022, as it shared that carrier promotions are stoking interest in the new iPhone.

Apple Inc. (NASDAQ:AAPL)’s largest investor is Warren Buffett’s Berkshire Hathaway which owns 894 million shares that are worth $122 billion.




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