Monday's news that Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) is now a shareholder of Apple Inc. (NASDAQ: AAPL) is stoking chatter that the iPad maker is now a legitimate value. After all, Buffett is widely regarded as the greatest value investor of all time.
Apple, A Value Stock?
However, being tagged with the value label is often seen as a scarlet letter for technology companies. While Apple will not be confused with Hester Prynne, avoidance of the value label explains why for so long so many tech companies refused to pay dividends. Of course, that has changed and Apple is a big reason why.
Investors anxious to dub Apple as a value stock might also be wondering if the iPhone maker will soon be appearing in exchange-traded funds dedicated to the value ...
/www.benzinga.com/trading-ideas/long-ideas/16/05/7999361/is-apple-headed-to-your-value-etf alt=Is Apple Headed To Your Value ETF?>Full story available on Benzinga.com
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