10 AI Stocks Trending on News and Analyst Ratings

6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) is a technology company that has recently launched Apple Intelligence, its personal intelligence system. One of the biggest analyst calls on Tuesday, February 11, was for Apple Inc. Morgan Stanley analyst Erik Woodring maintained a “Buy” rating on the stock and set a price target of $275.00. Woodring’s buy rating particularly stems from the performance and future potential of Apple’s iPhone lineup. According to recent data, Apple Intelligence has contributed positively toward iPhone demand in the U.S. This has been particularly true for the models that support Apple Intelligence. Moreover, the company’s robust position in non-China emerging markets and the likely benefits coming from national subsidies in China further reinforce iPhone demand projections. The launch of the iPhone SE4 will also likely drive significant sales growth.

“As a result, we’d conclude that while yes, Apple Intelligence did appear to provide a small tailwind to eligible iPhones in markets where available (the U.S.) during the holiday quarter, it was almost entirely due to U.S. consumers accelerating purchases of the discounted 1 year old iPhone 15 Pro/Pro Max.”

-Morgan Stanley