Apple Inc.
AAPL
position
long
Lee Cooperman
Thesis
Apple is not just a growth company but also presents a good value proposition, trading at a reasonable multiple compared to its earnings. The analyst projects Apple can earn $40 per share next year, which is attractive given the S&P's higher earnings multiple.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. The projection of $40 per share is a key factor, but without knowing if that target has been reached or if the stock is trading at a reasonable multiple, we cannot determine the outcome.
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