Hedge-fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about USD 600 million and an oft-cited prediction that the company's market value would hit USD 1 trillion some day.
Goldman Sachs, in a sweeping report to clients Wednesday, said it is an once-in-a-lifetime opportunity to buy stocks, which the firm said are undervalued after 20 years of relative underperformance against bonds.
It's time to embrace the long buy for equities, says Peter Oppenheimer of Goldman Sachs. He expects them to embark on an upward trend over the next few years.