Jeffrey Gundlach has made tons of money in the bond market and this year is no exception. His flagship DoubleLine Total Return Bond Fund has trumped Barcalys Aggregate US Bond Index this year. Gundlach is the CEO and Founder of DoubleLine Capital, an investment management firm that in fewer than four years now manages over $60 billion in assets.
“I like [AAPL] fundamentally at these levels.” – Jeffrey Gundlach
But, what many investors may not know is that he’s also had some huge stock calls in the market, including the fall of Bank of America and a decline in Apple. So, on the day Apple is breaking below $400 per share, where does he see the tech giant going? Talking Numbers, hosted by CNBC and Yahoo! Finance, talks numbers with Jeffrey Gundlach.
To hear Gundlach discuss what’s next for the Apple stock, watch the interview here.
Gundlach: ‘We own Apple’ – May 24, 2013
Gundlach: Apple stock is ‘not expensive at all’ – May 10, 2013
Gundlach: Apple’s 40% plunge has singlehandedly debunked the efficient markets hypothesis – March 4, 2013
Bond guru Gundlach slaps $425 price target on Apple Inc. stock – November 9, 2012