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Yu-Dee Chang: Stay Away From Apple
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Ace Investment Strategist Yu-Dee Chang explains why he is bearish on Apple.
- Duration 2:35
- Date Feb 13, 2013
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Ace Investment Strategist Yu-Dee Chang explains why he is bearish on Apple.
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Talk of it.
I'm sure -- would say the same about you Hollywood's pink move it from that whatever that was to technology stocks and our us smooth transition of the day we -- our next guest to tell us that stay away from apple.
Which we were talking about earlier meeting Chang out of DC is with this the chief trader Jason.
Investment strategists and it doesn't wanna win on the best and showed Westminster but why don't -- like apple.
While we don't know -- apple still a very good company it has rate products has a lot of cash our -- McConnell the problem -- that.
All of that is old news right Tim Cook the CU -- apple -- -- came on told us that.
Hey our product magic is still there but again unfortunately it's the old magic.
What we don't wanna know is what he's telling us that we'll combined I -- sales has exceeded HP computers right that we know right we wanna know what about.
What's the next big product may be should be a we wanna hear is maybe they -- ITV.
Sales could topple.
-- Sony we won't be there I don't know I airplane -- mobile what I don't why.
As we what I'm having right forever for the television or at least the product we thought was coming that an adult apple TV already exist but we thought.
Integrated television after the book -- -- book about Steve Jobs -- see it we still haven't.
Apple has the quote cult following or has for years are those days over did that go away with with Steve Jobs are now.
-- that's a good question I think that hasn't.
Totally gone away by -- has definitely subsided no doubt about that is more than.
That the passing of Steve Jobs is also the fact that like -- -- apple has not follow up.
With the so called the next big.
-- and I -- report.
To be -- -- to be a so called super.
Growth stock in these come -- with that is -- doesn't have it so it's just perception wise than these.
It just so happen next big thing if not a super.
Growth stock and see your point is if you owned if somebody owns apple for years admit you're not -- to sell what you're saying.
Don't be a buyer now if you don't on it as well.
It is Stephen -- -- that one thing at that you know like apple right now dropped to 435 now right somewhere around fourth seventy.
Can -- be up 1020% over the next Wal-Mart short.
Can go back up to 700 is next twelve to sixteen month apple -- not without the next big thing the one thing if that.
If you think you could just -- it and sell it and then.
Twenty twenty months later it's going to be fantastic you double -- from real money like what I had done before that -- gonna happen aren't so.
You need Chang as always thanks a lot we appreciate it looks like against in okay great thank you.
Thank you -- com.