10 AI Stocks to Watch Amid Market Volatility

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. On April 14, JPMorgan lowered the firm’s price target on the stock to $245 from $270 and kept an “Overweight” rating on the shares. The firm expressed its relief after Trump recently announced that the reciprocal tariffs will exempt smartphones and PCs. The analyst told investors in a research note how these exemptions will help investors refocus on the company’s medium-term drivers. Regardless, “several concerns” remain from the developments over the last two weeks that will inhibit these very investors from turning to a bull case for Apple stock. The firm further announced that semiconductor tariffs are yet to be announced and could impact Apple.