10 High Flying AI Stocks This Week

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. On March 10, Citi analyst Atif Malik removed the firm’s “90-day positive catalyst watch” on Apple shares. The analyst has maintained a “Buy” rating on the stock with a $275 price target. According to the firm, the stock has been removed from the positive catalyst watch following Apple’s announcement that its “much anticipated” AI-powered Siri update as part of the iOS 18.4 update in April has been delayed.

The firm has also lowered its 2025 and 2026 iPhone units estimate to 232M and 244M, respectively, reflecting the delay in the Siri upgrade. Malik noted that even though Apple Intelligence utility is different for different people, an upgraded Siri may have driven a higher iPhone refresh this year. Nevertheless, Apple’s progress in rolling out Apple Intelligence in China has been noteworthy.