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Apple CEO Tim Cook attends the annual session of the China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China on March 26, 2018.
Jason Lee | Reuters
Wall Street analysts do not give up their purchase ratings to stocks that were badly hit during the latest US-China trade battle. While both countries continue to slap prices, many analysts believe that customers should take advantage of the weakness of the market to buy these shares mined because the risks are exaggerated.
CNBC has done a thorough analysis of stock market research since the trade war, to find companies that analysts distinguish in their respective hedging universe.
The Dow lost as much as 719 points on Monday as the trade war continued to escalate but is higher in early trading on Tuesday.
Wall Street will monitor Alibaba 's results on Wednesday to detect any signs of trade war effect on China' s e – commerce giant.
The most recent actions of the White House have brought "greater uncertainty" to the company, but SunTrust analysts are sticking to their decision to buy. "The latest data from the National Bureau of Statistics of China suggest that the macroeconomic environment has improved, which is positive for Chinese consumption and for BABA in particular," said the official. analyst Youssef Squali.
"In the long run, we consider BABA a winner considering 1) its dominance of the Chinese economy, its insatiable appetite for China's growing middle class, 2) its 25% + membership over the next 5 years (our interests) and 3.) its portfolio of strategic investments, "he added.
The company's shares are down 4% over the last week.
Apple has also been hit hard by the current trade uncertainty, but Wedbush analysts believe things may not be as bad as they appear.
"That said, for Apple in particular, we think that in the current state of affairs, the bark will be worse than Cupertino's in the face of headwinds in China and that we would buy that name in case of weakness, "said analyst Dan Ives, who maintains his rating of outperforming the stock.
Apple, which posted the worst performance on the Dow on Monday, lost more than 8% over the past week.
Despite the trade dispute, Credit Suisse analysts do not give in to their calls on certain business services shares.
Alarm.com, provides cloud computing services for home remote monitoring services and enjoys an outperformance rating within the company.
The company recently announced profits and said the duties did indeed have an effect.
"ALRM pointed out in its last call for results that higher rates have had a modest impact on hardware sales," said analyst Kevin McVeigh.
The stock is down more than 15% over the last week.
Here are other stock market analysts whose titles are bought for sale:
SunTrust- Alibaba, buy note
"We are maintaining a BOT / 200 USD in F4Q19 earnings expected on Wednesday 5/15 BMO.The latest NBS data suggest that the macroeconomic environment has improved, which is positive for Chinese consumption and for BABA in particular, however, the White House's actions raise greater uncertainty about the sustainability of these improvements.We consider BABA a winner given: 1) its dominance of the Chinese economy and its insatiable appetite for China's growing middle class, 2) it is comprised of more than 25% over the next 5 years (our interests) and 3) of its strategic investment portfolio. "
according to TipRanks, Alibaba is a strong buy consensus with an average price target for analysts of 217 USD (upside potential of 28%).
Wedbush – Apple, outperform
"Our short-term approach continues to be closer cooperation and negotiations on the growing problem of intellectual property theft constitute a long-term positive potential for US technology providers, with a focus on reducing hundreds of billions of dollars lost annually by US companies around piracy and the nation State attacks are long overdue and are an important step in the right direction, especially on the cybersecurity front. , the last thing that Apple and the tech industry needs at the moment is a battle between the UFC on the US and Chinese front that could have a significant impact The street fears the fallout of the wave of retaliation on the part of the White House and the fallout of retaliation from China in the coming days, which means that r Apple in particular, we think that today, the barking will be worse than ever. Cupertino around China is facing headwinds and we would be the name buyers in case of weakness. "
according to TipRanks, Apple is a moderate buying consensus with an average price target for analysts of 217 USD (upside potential of 16%)
Wells Fargo-Lowe's Companies, Outperform Rating
"The outlook for weather and tariffs in the short term represent an opportunity for conciliation … That said, stocks were -5% last week (-1.6% SPX), and we believe that the concerns related to weather conditions and the new tariff fears represent a buying opportunity ", while comparisons between consumption conditions (after May) are staggering over the rest of the year, consumption / housing manageable rates and we expect self-help initiatives to improve results. "
according to TipRanksLowe's is a strong consensus on buying, with an average price target for analysts of $ 120 (upside potential of 14%).
Cowen- FedEx, outperformance rating
"During the March quarter (remember that FDX is on a May Fiscal Year), inventories have been substantially compounded, with companies restocking their stocks early in the year following the holidays and then continuing this process to move ahead of potential rates in March Management is somewhat concerned about the weakness of industrial production and business spending and hopes that both countries will recover later in the year, which is likely to be a trade agreement between the two countries, mainly due to continued trade wars, Brexit and weak German auto sales, and the continuing protests in France is a source of uncertainty. "
according to TipRanks, FedEx is a moderate buying consensus with an average price target of $ 206 (upside potential of 20%).
Credit Suisse- Alarm.com Holdings, outperformance rating
"We find that tariffs affect ALRM, ARMK, CTAS, EEX and MRI." ALRM noted in its latest earnings report that higher tariffs have had a modest impact on sales of computer equipment. from China and this could have an impact on gross margins given ARMK's low exposure to food service in China. "
according to TipRanksAlarm.com Holdings is a moderate buying consensus with an average price target for analysts of $ 71 (upside potential of 21%).
Wells Fargo – National Vision Holdings, outperformance rating
"The first quarter is expected to make a significant contribution to restoring sentiment." Remains LT's compelling story. "As the first quarter approached, investor sentiment was mired by a series of overhangs (sale of developers , confusion of models, tariffs, etc.), but we observe: [May 9] better than expected results as a first step towards repairing the story ".
according to TipRanksNational Vision Holdings is a strong buying consensus with an average price target for analysts of $ 39 (upside potential of 47%).
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