Apple Finds a Friend in Jeffrey Gundlach

Thursday, May 9, 2013
NEW YORK (TheStreet) -- Apple finally has a "friend" in Jeffrey Gundlach. DoubleLine Capital's Gundlach, in an appearance on CNBC, said he'd rather own Apple for the next six months, as opposed to shorting it, though he noted he did not have a position in the technology giant. "It's a free cash flow machine," Gundlach said, in the interview. He noted that the company, excluding its cash, is ...

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Tags: apple, technology

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