Is Apple, now trading near all-time highs with a market cap of $833 billion, overpriced?
ADVERTISEMENT
Hedge fund legend Julian Robertson says Apple is 'not that expensive of a stock' (FB, AAPL, GOOGL)
Hedge fund legend Julian Robertson says growth stocks like Apple, Google, and Facebook still have plenty of room to run.
Hedge fund legend Julian Robertson, who has several decades of investing under his belt, doesn't think so.
Robertson also believes Facebook, Google, and Netflix have plenty of room to run, giving an endorsement to most of the high-flying tech stocks that comprise the acronym FAANG. The stock he didn't mention was Amazon.
In Robertson's view, the FAANG stocks would've been priced even higher in decades past when there were less assets competing for attention.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT