Fast Money Blog- 10/16/26
In the background of a volatile week on Wall Street, Apple stock was one that held firm.
Big institutions have been rotating out of tech and AI stocks into more stable stocks, such as Apple and Coca Cola.
Real wealth is not made off of stocks with the highest call premiums, as much as it’s made off the stocks Wall Street favors. And right now they favor sectors other than tech and AI.
It’s important to pay attention to market trends, and make sure it lines up with the stocks you have in your account.
Let’s take a closer look at two stocks that large institutions have been rotating into.
Apple, Inc. (AAPL)
Over the past 3 months AAPL has increased 4.43%, from $327.50 per share to today’s close of $343.46 per share.
The average 3-month daily trading volume for Apple stock is 44.50 million shares
Apple Inc. (AAPL) has maintained 15 consecutive years of annual dividend increases. This past May, the company boosted its quarterly distribution from $0.26 to $0.27 per share.
The Coca-Cola Company (KO)
Over the past 3 months KO has increased about 13.44%, from $82.12 per share to today’s close of $93.86 per share.
The average 3-month daily trading volume for Coca-Cola stock is approximately 15.88 million shares.
The Coca-Cola Company (KO) maintains a 64-year consecutive annual dividend growth streak. In February of this year, \ the company increased its quarterly payout from $0.51 to $0.53 per share.
Stay focused and stay disciplined.
Q4 earnings are just around the corner and as always I will be here to break them down for you.
Tyrone Jackson
The Wealthy Investor