Fidelity Contrafund sours on Apple, bolsters bet on Tesla

Newswire

BOSTON, July 31 (Reuters) - Fidelity Contrafund manager Will Danoff cut his stake in Apple Inc by 28 percent during the first half of the year, citing the iPhone maker's "slowing growth profile." The star stockpicker remained bullish on Google Inc and on Tesla Motors Inc's "disruptive technology and superior business model." "Reflective of the company's slowing growth profile, Apple moved from the fund's top position a year ago to the third spot as we reduced ...

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