Apple Inc. has corrected over 13% in recent weeks, returning it to an attractive risk/reward buy area. A similar picture exists for Microsoft (MSFT US), Amazon.com (AMZN US), and NVIDIA (NVDA US), while Alphabet (GOOGL US) is leading the rebound, already being within striking distance of fresh 2023 highs.
- We like AAPL around $US175 and could comfortably increase our 5% position, having trimmed it back in June around $US184