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Weekend exemptions spared the iPhone titan, but Apple is now at the mercy of Trump.

(Bloomberg) -- Global technology stocks climbed Monday after the Trump administration provided crucial albeit fleeting tariff relief for battered electronics and semiconductor makers.Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemHow Did This Suburb Figure Out Mass Transit?Lisbon Mayor Wants Companies to Help Fix City’s Housing ShortagePresident Donald Trump on Friday published measures ex

Apple upgraded, Wayfair downgraded: Wall Street's top analyst calls

US stocks rose Monday morning as traders rallied on the Trump administration’s exemption for tariffs on smartphones, computers and various electronics imported from China.

Victor Cheng, CEO of Delta Electronics Thailand, affirms that it’ll be his U.S. customers, not him, that will pay Trump’s tariffs.

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.

Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 15.4% over the past six months. This performance was worse than the S&P 500’s 7.1% loss.

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.