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Wells Fargo Likes the Idea of Apple (AAPL) Buying McLaren

September 21, 2016 2:20 PM EDT

Wells Fargo analyst Manard Um weighed in on Apple (NASDAQ: AAPL) amid refuted reports that it is in talks to acquire or make a strategic investment in luxury automaker McLaren.

Um said while McLaren may be best known for its luxury cars, its McLaren Applied Technologies (MAT) division should be more interesting to Apple (and others).

"McLaren uses sensors in its race... More