# Professor Aswath Damodaran explains why he believes the recent decrease in Apple's stock price makes it a good investment

1 Faculty News November 30, 2018 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](https://www.cnbc.com/2018/11/30/aswath-damodaran-who-bet-against-apple-says-the-stock-is-now-a-buy.html) -- "'I would buy Apple because, to me, the cash flows are there and I can see it continuing to go back to that steady state,' the finance professor at NYU’s Stern School of Business said Friday on CNBC’s 'Squawk Alley.'"

[Watch the video](https://www.cnbc.com/2018/11/30/aswath-damodaran-who-bet-against-apple-says-the-stock-is-now-a-buy.html)