10 AI Stocks That Wall Street Is Betting On

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. One of the biggest analyst calls on Thursday, March 6th, was for Apple Inc. Goldman Sachs analyst Michael Ng reiterated the stock as “Buy”, stating that it is sticking with its buy rating after the company unveiled new Mac products. The associated price target for the stock is $294. According to the firm, these new products should boost Apple’s ability to meet its second-quarter fiscal year 2025 revenue growth forecast.

“The channel fill of the newly announced products should support AAPL’s ability to achieve its F2Q25 revenue growth outlook of low-to-mid-single digits despite the lower-than-expected starting pricing for the MacBook Air.”

In particular, the MacBook Air is expected to benefit from the widespread PC refresh cycle. Key factors in driving the sales for this device are Apple’s pricing strategy, which sets the new model at a $100 lower price than the previous launch price, support of Apple Intelligence features, the M4 chip, and enhanced integration with the Apple ecosystem.