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History says Apple's slumping stock will hold tech back from beating the market, according to Bank of America

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If history is any indication, the S&P 500 technology sector can't outperform without Apple.

 

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BANK OF AMERICA: Wall Street is dead wrong on one of its major Apple forecastsWall Street analysts are too pessimistic on the extent to which hardware sales will decline through 2021, Bank of America research analysts wrote. BofA_News
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