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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ggamer who wrote (179443)2/23/2015 1:21:20 PM
From: Moonray  Respond to of 213177
 
Hedge Funds Take a Bigger Bite Out of Apple, Says Goldman

Hedge funds are banking on solid returns from Apple Inc. AAPL +2.02% this year
as they seek to finally outperform the overall market after lagging for several years.

As the tech giant’s market cap has reached record heights, Apple’s shares are the
most popular long holding among 688 hedge funds surveyed by Goldman Sachs
GS -0.86%for the second straight quarter. About one in five hedge funds owns
the stock and 12% have it as a top 10 position.

While interest in the stock among funds is below its 2012 peak, it’s become increasingly
popular since the latter half of 2014 amid strong earnings from the company, record
iPhone sales, anticipation of Apple Watch and – most recently – chatter about a driver-
less car. At its 2012 crest, nearly 33% of all hedge funds held Apple and 20% had it as
a top position.

More at: blogs.wsj.com

In my mind, the hedge funds SHOULD own at least 50% of the world's largest company.
Guess that means years of buying ahead.

o~~~ O