Why This Hedge Fund Manager Thinks Apple Watch Doesn't Need To Succeed In 2015


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In an interview on Benzinga's #PreMarket Prep, Rev. Emmanuel Lemelson from Lemelson Capital Management discussed the importance of the impact on the Apple Watch for 2015, noting that it doesn't necessarily have to succeed immediately to ultimately be a success.

Some of Rev. Lemelson's key takeaways:

  • Apple Inc. (NASDAQ: AAPL) shares are still cheap, even at $150.
  • The Most important aspect for 2015 is that Apple has its foot in the door with the Apple Watch and that it continues to grow.
  • If any company can succeed at bringing a smartwatch to market, it would be Apple. The iPad is a prime example.

Check out the full interview in the video below:

Don’t forget to tune in to Benzinga’s #PreMarket Prep broadcast Monday-Friday 8-9:45 a.m. ET for a live, interactive morning show with veteran traders and featured finance industry experts ready to answer your questions for the trading day.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: ExclusivesTechTrading IdeasInterviewApple WatchLemelson Capital ManagementRev. Emmanuel Lemelson