Should Schwab Fundamental U.S. Large Company ETF (FNDX) Be on Your Investing Radar?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
0mins
Should l Buy AAPL?
Source: NASDAQ.COM
Overview of Schwab Fundamental U.S. Large Company ETF (FNDX): FNDX is a passively managed ETF launched in 2013, focusing on the Large Cap Value segment of the US equity market, with over $17 billion in assets and an expense ratio of 0.25%. It has shown strong performance, gaining approximately 32.30% over the past year.
Investment Characteristics: The ETF primarily invests in stable large-cap companies, with significant allocations to Financials, Information Technology, and Healthcare sectors. Its top holdings include Apple Inc., Microsoft Corp., and Berkshire Hathaway, providing diversified exposure while maintaining a medium risk profile.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 287.510
Low
239.00
Averages
306.89
High
350.00
Current: 287.510
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, Wearables, Home and Accessories. Its services include advertising, AppleCare, cloud services, digital content, and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its wearables include smartwatches, wireless headphones, and spatial computers. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Strong Customer Response: CEO Tim Cook noted that demand for the MacBook Neo has exceeded expectations, setting records for new customers, which suggests that the product effectively meets market demand for affordable laptops, further enhancing brand appeal.
- Robust Financial Performance: Apple's latest earnings report revealed quarterly revenue of $111.2 billion, a 17% year-over-year increase, with diluted earnings per share rising 22% year-over-year, indicating the company's success in launching new products and boosting investor confidence.
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- Divergent Tech Stock Performance: As AI-related stocks pull back, cybersecurity software stocks like CrowdStrike and Palo Alto Networks surged, crossing $500 and $190 respectively for the first time, indicating increased market confidence in their business models and potentially attracting more investor interest.
- Boeing Stock Rise: Boeing's shares rose as CEO Kelly Ortberg is set to accompany President Trump on his trip to China, with the market anticipating a major order of up to 500 planes, although skepticism remains regarding the order's realization.
- Employment Data Expectations: Economists forecast a 65,000 increase in April's nonfarm payrolls with the unemployment rate steady at 4.3%, while average hourly earnings are expected to rise by 3.8%, providing crucial economic health indicators that could influence investor confidence.
See More
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- Diverse Corporate Representation: In addition to the aforementioned companies, executives from Qualcomm, Blackstone, Citigroup, and Visa are also on the invitation list, indicating that the visit will encompass multiple industries aimed at fostering multinational cooperation and investment.
- Lack of Government Response: Despite media reports on this matter, the White House has not yet responded to requests for comment, which may reflect a cautious approach in government communications regarding international engagements.
- Strategic Implications: This executive visit could not only enhance commercial exchanges between the U.S. and China but also create opportunities for American companies to further develop in the Chinese market, especially in the current complex international trade environment.
See More
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- High-Level Visit Plans: The Trump Administration is expected to invite the CEOs of Apple and Nvidia for a visit to China next week, primarily aimed at improving U.S.-China relations rather than securing specific deals, indicating a willingness for economic cooperation.
- Other Invited Executives: In addition to Apple and Nvidia, executives from Exxon, Boeing, Qualcomm, Blackstone, Citigroup, and Visa are also likely to be invited, suggesting that the visit will encompass leaders from multiple industries to foster cross-sector dialogue and collaboration.
- Government Involvement: U.S. Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Ambassador to China David Perdue have been involved in selecting the invited executives, highlighting the visit's significance and potential impact on future policy directions.
- Agenda Discussions: During the visit, the White House and Chinese government are considering whether to include artificial intelligence on the agenda; if successful, Trump and Xi Jinping are expected to discuss safety measures regarding AI risks, reflecting both sides' concerns and willingness to collaborate on emerging technology.
See More
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- Strong Market Demand: Haas emphasized that the demand for CPUs is robust, particularly with the rise of Agentic AI, which increases the CPU's role in task management, laying a solid foundation for Arm's future growth.
- Production Challenges: Although TSMC is ramping up capacity, Arm faces supply chain bottlenecks due to the complexity of design and production, especially in competing for sufficient production capacity against major clients like Nvidia and AMD.
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