|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Jim Chanos Gives Us a Long-Short Trade in the Technology Sector
Posted by: Canadian Value (IP Logged)
Date: April 24, 2013 04:46PM
Chanos has two long positions in his hedge fund. They are Samsung and Apple (AAPL).
He doesn't think the fundamentals on Apple have changed much.
This longs offset some pretty good-sized short positions that are directed at the hardware and PC business.
Those shorts would include Dell (DELL) and Hewlett Packard (HPQ). He thinks these companies have a glaring hole in their economics in that they are not spending much on R&D.
Guru Discussed: Jim Chanos: Current Portfolio, Stock Picks
Stocks Discussed: DELL, HPQ, APPL,