My colleague Tiernan Ray has his eye on Bloomberg TV, where Bill Nygren of the Oakmark Funds just said the firm is building up its Apple (AAPL) stake. Other companies he likes include Intel (INTC) and Oracle (ORCL). From Tiernan:
Q: Have you been adding to Apple?
BN: Yes, we have.
Q: By how much?
BN: I can’t comment on the size. After the quarter is over, you’ll see the new holdings we have in the Oakmark Fund.
I've been buying since $420:) And smart investors should be buying Dendreon too. They announced at a swedish conference that they are seeking a partner to lower COGS and speed Provenge to market in Europe.
That stock has been beaten to a bloody pulp in spite of great technology and an equally sweet pipeline.