Apple, Apple, Apple.
Thousands and thousands of stocks that investors can consider to invest in and the financial networks spend ten percent of their time talking about just one.
They do that of course because only a few of us would tune in to watch real discussion of the intrinsic value of unknown and off-the-radar companies.
Hedge Fund Manager Barton Biggs was on Bloomberg today discussing Apple (AAPL, Financial) after the big dividend and stock buyback news:
- Biggs thinks that Apple and its Board are doing the right thing with the dividend.
- The cash hoard has to be addressed and is a good sign for big-cap technology stocks.
- This is much better than making some ridiculous massive acquisition.
- He owns Apple but isn’t inclined to buy any more, or to sell it. Thinks it is fairly valued.
- Thinks there is reason to be leery of a company that produces a “hot” consumer product, so there is risk involved with Apple.
Thousands and thousands of stocks that investors can consider to invest in and the financial networks spend ten percent of their time talking about just one.
They do that of course because only a few of us would tune in to watch real discussion of the intrinsic value of unknown and off-the-radar companies.
Hedge Fund Manager Barton Biggs was on Bloomberg today discussing Apple (AAPL, Financial) after the big dividend and stock buyback news:
- Biggs thinks that Apple and its Board are doing the right thing with the dividend.
- The cash hoard has to be addressed and is a good sign for big-cap technology stocks.
- This is much better than making some ridiculous massive acquisition.
- He owns Apple but isn’t inclined to buy any more, or to sell it. Thinks it is fairly valued.
- Thinks there is reason to be leery of a company that produces a “hot” consumer product, so there is risk involved with Apple.
