Icahn: Investment In Apple Inc. Stock A "No Brainer"

HFA Padded
Mark Melin
Published on
Updated on

There has been much consternation regarding Apple Inc. NASDAQ:AAPL breaching the $100 level. Split adjusted that equates to the previously taboo $700 level – a price altitude that previously made traders faint.  This leaves investors are wondering how high the stock can go on a fundamental level.  Algorithmic traders, however, who operate on the investment thesis that news – including insider information – is often included in the stock price, have a different view. Apple fighting to become a leader in the IoT On a fundamental basis, Apple Inc. NASDAQ:AAPL is fighting a war to become a leader in the Internet…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Comments are closed.