Apple, Inc. (AAPL) is set to report 2nd quarter results after the close of trading today. Given the recent beat-down in Facebook, Netflix, Twitter, Alphabet, and Amazon investors have every reason to be nervous. These are high flyers that caught people by surprise.
The question is, "will AAPL suffer the same fate?" The mega-cap growth tech companies have been the big leaders were getting the reputation of " reliable and safe stocks." Investors were reminded that fast-growing tech stocks are not a safe haven sector, but potentially good investments and speculations. We are wondering if the recent selloff in the share price of the above names is a series of unique one-offs, a correction after a long run-up, or do we need to be concerned that something bigger is at hand and that the world has changed?
