10 Buzzing AI Stocks Dominating Headlines

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) is a technology company. One of the biggest analyst calls on Friday, February 18, was for Apple Inc. Evercore ISI reiterated the stock as “Overweight”, stating that it’s bullish on Apple’s upcoming iPhone SE launch. Analyst Amit Daryanani noted that the new model is anticipated to feature significant hardware upgrades, such as insourced baseband and combo chips. It will also be featuring Apple Intelligence.

While DRAM costs may potentially increase, it would also likely enhance Apple’s gross margins. Moreover, the iPhone SE remains attractive with its slightly higher price point compared to the average selling price of Apple’s other iPhones. This will potentially drive strong sales in both established and emerging markets.

“The fourth-generation iPhone SE is expected to be released sometime around March (expecting an announcement in mid/ late February). We think this could modestly bolster growth in Mar-qtr but be more material as units ramp-up in Jun qtr and Sept-qtr.”