Apple Inc. (NASDAQ:AAPL) has done very well recently with iPhone 6 and 6 plus launch, breaking its previous sales records. Major shareholder in Apple, Carl Icahn has recently stated that the stock is worth $203 per share, which is currently hovering at $100 per share and Icahn has asked for Apple to buy back shares to realize the true value of the stock. He mentioned that Apple Inc. (NASDAQ:AAPL) is definitely a good buy for investors. President of NewOak Capital, James Frischling responded to a viewer’s question about stock to buy and Apple stock on Fox Business.
Ron, a Fox Business viewer tweeted few stock names including Apple Inc. (NASDAQ:AAPL) and asked for suggestions to kick start his investing career. The stock names that Ron tweeted included, Alliant Techsystems Inc. (NYSE:ATK), Apple Inc. (NASDAQ:AAPL), FuelCell Energy Inc (NASDAQ:FCEL), ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS), Basic Energy Services, Inc (NYSE:BAS), Kinder Morgan Inc (NYSE:KMI) and Yahoo! Inc. (NASDAQ:YHOO).
Fox Business’s Charles Payne said that Apple Inc. (NASDAQ:AAPL) is definitely a stock to buy. He did not support buying the Yahoo! Inc. (NASDAQ:YHOO) stock though, since the company has lost all its momentum.
“[…] I love the Apple pick, the iPhone 6 launch has been huge. China is not even included in it,” Frischling said.
Frischling pointed at the very successful launch of iPhone 6 and 6 plus with record breaking sales. He mentioned that previous models set record sales with bigger sales numbers in China, but iPhone 6 and 6 plus had not even started selling in China.
As of 30 June 2014, Carl Icahn’s Icahn Capital Lp hold around 53 million Apple Inc. (NASDAQ:AAPL) shares.