- He thinks Apple (AAPL, Financial) is worth a lot more than $450 per share.
- He sold Apple eight months ago because he felt most investors at that time were holding Apple only because of the momentum of the share price.
- Damodaran thinks that at the current share price Apple is being priced for no growth.
- His target is $600 per share.
- Value investors buy when it feels uncomfortable and sell when things don't feel so good.
- He sold Apple eight months ago because he felt most investors at that time were holding Apple only because of the momentum of the share price.
- Damodaran thinks that at the current share price Apple is being priced for no growth.
- His target is $600 per share.
- Value investors buy when it feels uncomfortable and sell when things don't feel so good.