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He said he doesn't like stocks in the energy, materials, mining and industrials sector, which he says have outperformed in the last decade on the back of Chinese growth. "These are exactly the wrong place to be looking," he said.
amitriptyline pill image "If Apple does this now and earnings increase at only 10 percent, the stock - even keeping the same multiple currently - should trade at $700 a share," Icahn said in a phone interview. Apple has "huge borrowing power, little relative debt and trades at a low multiple."

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