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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

9/22/17

The future is looking bright. Solar company, First Solar (FSLR) is up 3% at its 52 week high following an upgrade at Deutsche Bank with a new price target of $65 per share. First Solar may also benefit from possible future tariffs on solar modules from the Trump administrations.  We'll see.

Tepid demand for the iphone 8. Apple (AAPL) has run into a speed bump of late as the stock is down 2% today and down 8% in the last month as the iphone 8 release is finally here. In the short term it looks like consumers are taking a wait-and-see view of the two new models, with the pricier iPhone X scheduled to roll out in another six weeks. Micheal Olson, an analyst at Piper Jaffray & Co boosted his price target for Apple's stock to $196 from $190, saying that the potential for fewer iPhone 8 sales won't matter much since prospective buyers are waiting for the iPhone X.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.