10 Good Stocks to Buy According to Hedge Funds

8. Apple Inc. (NASDAQ:AAPL)

No of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a global technology leader that designs, manufactures, and markets a wide range of consumer electronics, software, and services. Its product lineup includes the iPhone, Mac, iPad, and Wearables, complemented by software platforms like iOS, macOS, and visionOS.

In February 2025, Apple Inc. (NASDAQ:AAPL) unveiled a substantial investment strategy, committing over $500 billion to its U.S. operations over the next four years. This plan includes the creation of approximately 20,000 new jobs, with a focus on research and development, silicon engineering, software development, and advancements in artificial intelligence. A key component of this initiative is the establishment of a major manufacturing facility in Texas dedicated to producing AI servers, underscoring Apple Inc. (NASDAQ:AAPL)’s commitment to enhancing its technological infrastructure within the United States.

Apple Inc. (NASDAQ:AAPL) delivered strong Q1 FY2025 results, with revenue rising 4% YoY to $124.3 billion.  Earnings per share came in at $2.41, surpassing estimates of $2.35 and up from $2.19 in Q1 2024. Services revenue hit $26.34 billion, up from $23.1 billion YoY, reinforcing the company’s shift toward subscription-based income. The company returned over $30 billion to shareholders in the quarter, signaling financial strength.

On March 3, 2025, Daniel Ives of Wedbush reiterated his “Buy” rating on the stock, maintaining a $325 price target.