Is Apple (AAPL) the Short of a Lifetime? This Rainmaker Thinks So...
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $167.04 -0.57%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) shareholders are NOT going to like this, but....
According to a tweet from CNBC's Jane Wells, bond king Jeffrey Gundlach of DoubleLine Capital said at last night's CFA Forecast Dinner in San Diego, "one of my favorite generational shorts is Apple... the rainmaker is gone, and I don't see people lining up all night for iPad 482."
Ms. Wells called it the "quote of the night" at the event, which she moderated.
Good thing Gundlach is the king of bonds, not stocks.
Despite the comments, shares of Apple are motoring higher and nearing another new all-time high - last at $545.41.
According to a tweet from CNBC's Jane Wells, bond king Jeffrey Gundlach of DoubleLine Capital said at last night's CFA Forecast Dinner in San Diego, "one of my favorite generational shorts is Apple... the rainmaker is gone, and I don't see people lining up all night for iPad 482."
Ms. Wells called it the "quote of the night" at the event, which she moderated.
Good thing Gundlach is the king of bonds, not stocks.
Despite the comments, shares of Apple are motoring higher and nearing another new all-time high - last at $545.41.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Maxim Group Starts Apple (AAPL) at Hold, 'Dead Money'
- Zuora (ZUO) spikes into halt on takeover rumors
- PowerSchool Holdings, Inc. (PWSC) Mentioned Cautiously at Spruce Point
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
