Apple, IBM seen as ‘defensive names’ in IT hardware amid downturn: BofA

Posted on by wpadmin
Apple Park Headquarters, Silicon Valley

P_Wei

  • Along with the rest of the technology sector, IT hardware stocks have dropped sharply in recent days, amid worries about a recession, tariffs and uncertainty out of Washington. Despite that, Bank of America sees Apple (NASDAQ:AAPL) and IBM (

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