Stocks to watch on Thursday:Apple (AAPL) - too much panic around the iPhone fears with the trade wars killing demand in China. The company and likely Buffett will repurchase shares here. Also, watch for Apple to rollout a lower price phone to address a lot of the issues with price. Celgene (CELG) - the biopharma got a big bid from Bristol-Meyers Squibb (BMY) valuing the stock over $102 with a potential $9 CVR. The stock is below $85 as BMY slumps despite a deal that is 40% EPS accretive. A lot to like with this deal as my numbers support BMY rallying on this deal. Hold onto shares until a better price emerges. Delta Air Lines (DAL) - the stock is down 9% despite maintaining Q4 guidance. As usual, the market is over reacting to revenue metrics with PRASM only hitting the low-end target of 3%. Buy the dips here as margins remain strong and the airline will repurchase shares. Disclosure: Long AAPL, CELG