The founder of Doubleline Capital, Jeffrey Gundlach in his Thursday interview with “The Street” said that his investment firm actually owns Apple Inc. (NASDAQ:AAPL) in its investment portfolio. In an interview by Chris Ciaccia of The Street, the founder of Doubleline Capital admitted he is now long on Apple and said “Apple Inc. (NASDAQ:AAPL) is sorta cheap.” Bond God Jeffrey Gundlach famously shorted Apple’s stock not long ago. Gundlach was earlier considered one of the high-profile Apple Inc. (NASDAQ:AAPL) bears. Earlier he had remarked, “You can’t just keep rolling out iPhone’s and iPad’s and think that everybody needs a new one. There…
Jeff Gundlach Long Time Apple Inc. (AAPL) Bear Now Owns The Stock
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports