Tepper Maintaining Small Apple (AAPL) Stake, Calls 'Cheap'
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $315.34 -0.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
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
- Apple announced foldable iPhone Duo, starting at $1,999
- Evercore ISI Reiterates Outperform Rating on Apple (AAPL)
- Apple unveils $1,999 iPhone Duo, pushes lineup further upmarket
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!
