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Apple is still ‘the most underappreciated stock in the world,’ analyst says

“Apple is still, I think, the most underappreciated stock in the world,” Monness, Crespi, Hardt analyst Brian White said Friday on CNBC’s “Squawk Alley.”” writes Chloe Aiello for cnbc.com. Apple may have hit a trillion-dollar market cap last week, but one analyst told CNBC he still sees a big buying opportunity in “value stocks” Apple, Facebook and Google parent company Alphabet.Apple became the first publicly traded U.S. company to hit a market capitalization of $1 trillion in early August and has since hung onto its gains.But weeks prior, “macro headlines” and earnings misses from big technology companieswere rocking the technology sector.
 
Source: cnbc.com



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