Home / Business / Momentum Stocks Try To Beat Views: Apple Inc. (NASDAQ:AAPL), Visa Inc. (NYSE:V)

Momentum Stocks Try To Beat Views: Apple Inc. (NASDAQ:AAPL), Visa Inc. (NYSE:V)

Apple Inc. (NASDAQ:AAPL) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.07% to close at $117.55 with the total traded volume of 23.57 Million shares. Apple let go of the physical press Home button in favour of a capacitive one receptive to haptic feedback. The new Home button on the iPhone 7 reacts to pressure and emits vibrating feedback to give the illusion of a physical press.

The reaction to this change has been mixed, but Apple has been prepared for the glitches that may follow because of this change. Apple has integrated a new feature in iOS 10 that warns users when their Home button fails to work and needs repair. Additionalmore, till the time you take the device to an Apple repair centre, the iPhone 7 will provide you a temporary, on-screen button. The firm has institutional ownership of 58.00%, while insider ownership included 0.10%. Its price to sales ratio ended at 2.90. AAPL attains analyst recommendation of 1.90 with week performance of 1.29%.

Visa Inc. (NYSE:V) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.36% to $82.15. Visa Inc. (V) released that Charlie Scharf is resigning as chief executive officer and board member because he could no longer spend the time in San Francisco necessary to do the job effectively.

The board has unanimously voted to appoint Alfred Kelly, Jr. as CEO. Kelly, a current Visa board member, is the president and chief executive officer of Intersection Co. and the former president of American Express Co. The succession will be effective December 1, 2016. Kelly will join the firm on October 31, 2016 as CEO designate. Scharf will serve as an advisor to Kelly startning December 1, 2016 for several months. The share price of V attracts active investors, as stock price of week volatility recorded 1.17%. The stock is going forward to its 52-week low with 24.93% and lagging behind from its 52-week high price with -1.96%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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