1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
Canadian Value
Articles (4624) 

Carl Icahn Buys More Apple as It Falls 5% - Calls It a No-Brainer

September 11, 2013 | About:


It must be nice to have a few billion to play with in the stock market. Icahn has that much and more.

Today Icahn is buying more shares of Apple (AAPL) because he thinks it is so cheap that it is a no-brainer.

Icahn says that if you back out the cash on the balance sheet the current valuation is a free cash flow yield of over 18%.

He thinks that is ridiculous for such an incredible company.

Watch the video below as Icahn discusses Apple further:



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (5 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


9gebbbLFG Quant Valuation I
rod1z52-Week-Low With Gurus
vinwayPEG
derdavid1
DBrizanreturn on tang assets15
James LiCurrently Profitable Sloans
yowie89Pinoy Cheap List
rael2222?????
rael2222???
rael2222??
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK