Barclays warns that some stocks, including Apple, may face significant downside risk.
1min read Barclays predicts that the sell-off in US stocks is not over, with some stocks, including investor favorites like apple, facing significant downside risk after the market pullback. President Trump's tariff policy and jobs data sparked concerns about inflation and a possible economic slowdown, leading to the major indexes suffering their worst week since September. barclays believes the market still has potential risks and points out some stocks rated "Underweight" with "significant downside potential."Apple's stock could be negatively impacted by Trump's tariff policy, particularly the tariffs on Chinese imports, as most of its products are assembled in China. Barclays expects Apple's stock price could fall nearly 18% with a target price of $197.Pizza Hut, which has seen a significant rise this year, may be overvalued after its disappointing 2024 fourth-quarter report, with US same-store sales growth below expectations. Barclays expects its stock price could fall about 11%.Tripadvisor has fallen about 4% this year, and Barclays expects its stock price could fall another 8%.United Parcel, which has underperformed due to a decline in package volume post-pandemic and rising labor costs, has fallen more than 21% over the past year. Barclays also has an "Underweight" rating on it.