Apple Inc.
AAPL
position
long
Bill Nygren, Harris Associates
Thesis
Bill Nygren mentions that they owned Apple for a long time, and it was consistently selling at less than a market P/E multiple, indicating it was undervalued despite being a growth company.
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. While the argument for Apple being undervalued may still hold, we cannot determine the effectiveness of the pitch without knowing how the stock has performed since the recommendation.
Raw excerpt
No raw excerpt stored.