Apple Inc. (AAPL) continues to impress investors and analysts due to its solid performance, making it one of the top stocks for beginners and long term investment. Several asset management firms such as
Roberts Wealth Advisors, Opal Wealth Advisors, and Safeguard Financial have increased their stake in the company. While
Griffin Asset Management, Members Trust Co, and PFG Advisors have reduced their shareholdings, this does not seem to dampen the overall optimistic perception in the market. Several investors believe that
AAPL might be controlling a billionaire quant's investment strategy.
Apple reached a record high with the release of the iPhone 17 Pro series. Despite being under some pressure due to rising competition in China and some sliding sales, the company's forward-thinking strategy that leverages AWS AI chips and focuses on
Artificial Intelligence has been widely praised. Notably, the company has seen an increase in momentum with the success of the iPhone 16 and their AI expansion plans.
It has also been argued that the success of iPhone 16 marks the start of a super cycle for Apple. Analysts expect Apple's stock to keep soaring, pointing out that
Bank of America raised its price target to $256.00. However, heavyweights like 'Warren Buffett' have sold their stake while some analysts express skepticism over the potential acceleration in iPhone sales.
Apple Stocks AAPL News Analytics from Mon, 05 Aug 2024 07:00:00 GMT to Sat, 07 Dec 2024 18:27:35 GMT -
Rating 8
- Innovation 6
- Rumor -6
