WFC - Apple Faces DOJ Scrutiny but Not These 3 Under the Radar Names | Benzinga
The Department of Justice (DOJ) revealed yet another antitrust lawsuit against consumer and technology giant Apple Inc. (NASDAQ: AAPL). This time, the accusation centers on the belief that Apple has cornered—or monopolized—the smartphone market, making other competing products worse by force.
Apple says the accusations—and its logic—are wrong. After all, it isn't Apple's fault that its competitors haven't been able to keep up with their technology in terms of design and capability. However, even if Apple emerges a winner from this clash, the timing of a settlement is still up for speculation.
Knowing this, you might want to consider adding more ‘low-keyed' technology stocks to your watchlist, which are far from the government's radar but well within Wall Street's magnifying glass. Names like Upstart Holdings Inc. (NASDAQ: UPST), Snap Inc. (NYSE: SNAP), and even Salesforce Inc. (NYSE: CRM) could become investor favorites, as the apple doesn't fall far from the Apple tree when it comes to price action.
Upstart Can Kickstart Your Portfolio
No pun intended, but it is true. After falling to only 36% of its 52-week high, Wall Street analysts have a new reason to believe Upstart stock could return to its former glory.
Some analysts see this company's earnings per share (EPS) growing by 165% over the next 12 months, but the story doesn't end in numbers.
Now that the Federal Reserve (the Fed) is looking to cut interest rates this year, creating a bottom for the business cycle to land on and push higher again, Upstart's customers (who range from personal ...