Reuters - Nygren Bullish on Apple, Avoiding Dell

William Nygren, a top manager at Oakmark Funds, said he remains bullish on Apple Inc and Bank of America Corp, but is still avoiding Dell Inc in light of the company's plans to take the computer maker private, writes Reuters. Nygren, a noted value investor who runs the $9.6 billion Oakmark Fund, said Apple is undervalued while Bank of America has one of the top management teams in the banking industry.

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