The GPU titan beat recently lowered expectations, but its full-year outlook calls for no growth.
We think Apple will resume mid-single-digit sales growth in fiscal 2020 despite the potential for continued weakness in China.
Near-term headwinds weighed on the chipmaker, but our long-term thesis is intact.
We remain positive on the firm's prospects and see an attractive margin of safety relative to our fair value estimate.
Shares of the narrow-moat firm are undervalued, but we believe Intel offers a superior opportunity.
New graphics processing unit, the RTX 2060, is well positioned for mainstream gamers.
The company showcased a bevy of promising initiatives, and patient investors may find current price levels attractive.