Prominent Apple Bull Discloses Firm Does Not Own Any Apple Stock at Present: "However, This Stock Remains Our Belief"

Quick Summary:

Prominent Apple, Inc. (NASDAQ:AAL) bull Gene Munster, Managing Partner at Deepwater Asset Management, disclosed in a CNBC interview on Tuesday that his firm had sold all of its shares in the tech giant.

When directly questioned about Apple’s absence in the fund, Munster clarified that Deepwater manages various types of funds with different investment strategies.

What Happened: During Munster’s appearance on CNBC Squawk Box, he mentioned Deepwater’s ownership of Meta Platforms and Google-parent Alphabet, omitting any mention of Apple.

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Article Details

Author / Journalist: Shanthi Rexaline

Category: Technology

Markets: United StatesChina

Topics: Equities Tech AAL Deepwater Asset Management Gene Munster Top Stories Benzinga Expert Ideas News Analyst Color IPhone Stories That Mater US0378331005 AAPL

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-27 @ 10:23:34 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20535959

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