Professor Damodaran Thinks Apple Is Worth $600 Per Share

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Feb 05, 2013
- 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.