Apple has posted its 2nd worst day of the year after unveiling a new iPhone. Carl Icahn, Icahn Enterprises, is one of the most well-known shareholders in the tech giant. He explains why Apple is one of his best investments right now.
“It’s just extremely cheap,” Icahn said on “Closing Bell,” noting that by his calculation, Apple is inexpensive by the numbers.
Peter Lynch was one of the best growth investors of all time. As the Magellan Fund manager at Fidelity Investments between 1977 and 1990, he averaged a 29.2% annual return. Q1 2021 hedge fund letters, conferences and more The fund manager's investment strategy was straightforward. He wanted to find growth companies and sit on them Read More
“I really think Apple is one of my best right now and today, I will tell you the markets closed, we’re buying quite a bit of stock,” Icahn said.