Happy new year! The stock market made a big welcome to 2020: all three major indices edged higher for the first day of the new decade. The Dow Jones Industrial Average and the Nasdaq Composite index gained more than 1%, and the S&P 500 ended up 0.84%, hitting a fresh record again.
$Advanced Micro Devices Inc(AMD.US)$rose 7% on the first trading day of 2020, breaking its price record in the last century’s dot-com-era. AMD has its capitalization of about $55 billion now, and its P/E ratio(TTM) is higher than 250, according to Moomoo. Its RSI indicator is over 80, and the other 11 indicators are all showing overbought or even serious overbought. But Nomura’s analyst David Wong reiterated the Buy status and upgraded the target price from $40 to $58. The overall recommendation rating is between Buy to Hold. In the same sector, $Taiwan Semiconductor Manufacturing Co Ltd(TSM.US)$and$Micron Technology Inc(MU.US)$ both increased more than 3%, and$KLA Corp(KLAC.US)$, $Intel Corp(INTC.US)$gained 2.5% and 1.7% respectively.
$Apple Inc(AAPL.US)$ also has its new fresh high, first time over $300, owing to developments between China and the U.S., said by Barrons. During trading hours, Apple jumped to a new level of $295 followed by thin trading for 2 hours, and it rose again.
It takes Apple only 6 months to run from $200 to $300. Another good news for Apple TV+ is that they signed former HBO CEO Richard Plepler, who helped HBO to win 160 Emmy Awards, for a five-year production deal, according to the New York Times. Plepler’s new company will produce original series, movies, and documentaries exclusively for Apple TV+.
Editor/Celeste
新年快乐！到2020年，股市大受欢迎：在新的十年的第一天，三大股指都小幅上涨。道琼斯工业平均指数和纳斯达克综合指数上涨超过1%，标准普尔500指数最终上涨0.84%，再次创下新高。
美国高级微设备公司(AMD.US)在2020年的第一个交易日上涨了7%，打破了上个世纪互联网时代的价格纪录。根据Moomoo的数据，AMD目前的市值约为550亿美元，市盈率(TTM)高于250美元。其RSI指标超过80，其余11项指标均显示超买甚至严重超买。但野村证券分析师DavidWong重申了买入地位，并将目标价格从40美元上调至58美元.总体推荐评级介于“买入”与“持有”之间。在同一行业中，美元台湾半导体制造有限公司(台积电)和美光科技有限公司(美)均上涨逾3%，而KLA Corp(KLAC.US)、英特尔(Intel Corp)和英特尔(INTC.US)分别上涨2.5%和1.7%。
巴伦表示，由于中国和美国之间的发展，苹果公司(AppleInc.)的股价也创下了新的新高，首次突破300美元。在交易时段，苹果股价飙升至295美元的新水平，随后在2小时的单线交易中再次上涨。
苹果只需6个月就能从200美元到300美元不等。据“纽约时报”报道，苹果电视+的另一个好消息是，他们与HBO前首席执行官理查德·普莱普勒签约，后者帮助HBO获得160项艾美奖，并达成了为期五年的制作协议。普莱普勒的新公司将专门为苹果电视+制作原创系列、电影和纪录片。
编辑/塞莱斯特
Chinese Translation:
This service is provided by Mr.Translator (Tencent)