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Apple’s (AAPL) institutional ownership was low amid a recent rotation into value tech stocks and out of hyper-growth tech stocks, says Morgan Stanley, which sees upside ahead for Apple stock from upcoming launches of the iPhone 6, iWatch and perhaps other products. Apple, however, has an IBD accumulation/distribution rating of B, indicating more institutional buying than selling. In a research report Friday, Morgan Stanley said it surveyed Scalper1 News
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