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Apple Is Now Boring Enough to Buy for This $37 Billion Fund Manager

  • Nordea fund manager sees earnings estimates coming down
  • Nordea’s Naess says Tesla is a ‘terribly bad’ company

Take Apart the iPhone 7, in 80 seconds

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Apple Inc. losing steam only makes it a bargain.

The iPhone maker is cheap and the risk is lower, according to Robert Naess, who oversees 33 billion euros ($37 billion) in stocks at Nordea Bank, Scandinavia’s largest bank.