Prediction: This Stock Will Be the Biggest Winner of the U.S.-China Trade Deal

Group 1: U.S.-China Trade Agreement Overview - The U.S. and China have reduced import tariffs from over 100% to a manageable level of 10%, with an additional 20% related to drug entry concerns, resulting in a total of 30% for China [5][10] - The agreement is set for 90 days while further negotiations continue [6] Group 2: Impact on Technology Sector - The trade agreement is expected to positively impact technology companies, particularly those that import heavily and thrive in strong economic conditions [2][7] - Apple is identified as a potential major beneficiary due to its significant reliance on Chinese manufacturing, with 90% of iPhones produced in China [8][10] Group 3: Apple Inc. Specifics - Apple’s iPhone accounted for approximately 50% of its total net sales in the most recent quarter, making the previous high tariffs particularly detrimental [8][10] - Following the trade agreement, Apple’s stock rose over 7%, reflecting improved investor sentiment [10] - The new tariff levels alleviate the urgency for Apple to shift its supply chain, which had been a concern for earnings [11][13] - Currently, Apple shares trade at 29 times forward earnings estimates, down from over 35 times, indicating a more attractive investment opportunity [13]