This is MacO-S Ken.

The Wall Street find over Apple's good news bad news for Apple over the holidays

and taking your watch for a walk.

It's Tuesday the 3rd of January 2017. I'm Ken Ray and this is news from Maco West can.

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You know who's really excited about Apple shares?

The financial analysts who follow the company.

You know who's not as excited? The investors who theoretically

listen to the analysts. Business Insider ran a piece late last week highlighting a note from

UBS. The piece sums up the firm's sentiment, saying

globally fund managers hold the lowest percentage of Apple's stock in their

portfolio when compared to Apple's overall waiting in indices, frequently traded baskets of stock.

If Apple represents 5% of the market value of the exchange, the piece explains, a fund manager

would make 5% of his portfolio to have it balanced.

If it's less than this, say 2%, it's underweight and a signal that the Fund Manager

doesn't think the stock will perform as well as the wider stock market or other

particular stocks. That tends to be the way with Apple, despite positive

ratings and target prices well above Apple's current price.

The piece goes on to list several firms and their targets, including Citi, which has Apple at a buy rating

...