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The decision to drop the tech giants from the brokerage’s “Analyst Focus List” comes as experts warn that fresh COVID-19 lockdowns in China and the inflation of goods prices due to the Russia-Ukraine conflict could hurt the demand for smartphones this year

J.P. Morgan removes Apple, Qualcomm from top picks as tech demand slowing down globally

J.P. Morgan on Friday removed Apple Inc (NASDAQ: AAPL) and Qualcomm Inc (NASDAQ: QCOM) from the list of most preferred stocks

By Arghyadeep Dutta
Published - Apr 01, 2022, 09:13 PM ET
Last Updated - Jun 21, 2024, 07:45 AM EDT
  • JPM still maintains ‘buy’ rating for Apple and Qualcomm, based on long
    term potential     
  • Cloud computing firm Arista Networks and telecom equipment supplier
    Ciena are added to ‘Analyst Focus List’     
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