Tepper Maintaining Small Apple (AAPL) Stake, Calls 'Cheap'
Get Alerts AAPL Hot Sheet
Join SI Premium – FREE
On CNBC, David Tepper says Apple (NASDAQ: AAPL) is cheap but has China exposure. He is maintaining his position which is not that big (less than 0.75% of book). He said the stock will always have a lower multiple because it is a device company that can be replaced by consumers.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA cuts Industrials on positioning, raises Healthcare stock rating
- FICO stock tumbles on report of credit bureau requirement change
- Citi maintains Buy rating on Apple amid iPhone 18 delivery data
Create E-mail Alert Related Categories
Hedge FundsRelated Entities
AppaloosaSign 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!





Tweet
Share