Wedbush: Apple Stock Is a Buy Ahead of iPhone 13 Launch

Wedbush's Daniel Ives is predicting a "normal" launch of the iPhone 13. And for AAPL stock, normal is ideal.

iPhone
(Image credit: Getty Images)

Apple (AAPL, $151.12) fanboys and AAPL stock bulls alike are amped for the coming launch of the iPhone 13. And Wedbush Securities says their enthusiasm is very much warranted.

Analyst Daniel Ives writes that recent supply-chain checks suggest a "normal" launch for the latest iteration of Apple's wildly popular smartphone, which he expects to drop in the third week of September.

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Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.