CNBC's "Fast Money" Souring On Apple… And An Auto Affordability Push As Car Prices Speed Higher 1/16/26
15 snips
Jan 16, 2026 Tim Seymour, a seasoned market analyst, joins Bono, a contrarian trader, Steve Grasso, an expert in technical analysis, and Mike Coe, an options commentator, to discuss Apple's dismal seven-week decline. They explore its challenges, including valuation issues and the impact of the Gemini partnership with Google. The group also dives into the soaring auto prices and the White House's efforts to improve affordability in the market, analyzing which stocks could benefit from this political push and how investors should navigate the automotive landscape.
AI Snips
Chapters
Transcript
Episode notes
Apple's Drawdown Lacks A Clear Catalyst
- Apple has had seven straight weekly losses and shed about $472 billion from its peak, reflecting rotation away from big tech.
- The stock lacks a near-term catalyst despite partnerships like the Gemini deal and trades at ~31x forward earnings.
Apple's Slow-Play In AI Could Be Strategic
- Apple is deliberately cautious on AI and appears to be pacing its approach rather than sprinting into the arms race.
- Its growing services business and massive balance sheet provide defensive support while AI remains a potential future catalyst.
Buy The Apple Pullback For Trade Or Core Hold
- Consider buying Apple as a trade during this pullback given its cash, services growth, and historical rebounds.
- Holders seeking safety can also treat Apple as a long-term core position backed by cashflow and margins.