Business

Analyst Says Buy Apple and IBM Stocks Before Earnings


With the tech earnings season now ahead, investors are adjusting their portfolios ahead of what could be a tumultuous period for the group, with the Street predicting weak general guidance for 2023 amid fears of an ongoing recession. But it won’t be a complete obliteration. Evercore ISI analyst Amit Daryanani thinks investors should stock up on both

Apple

and International Business Machines shared their upcoming reports in advance.

Daryanani on Monday added both Apple (code: AAPL) and

IBM

(IBM) into Evercore’s “Tactically Superior List,” a list of names that are expected to perform strongly in the short term.

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