10 Trending AI Stocks Making Waves Today

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1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, tablets, PCs, wearables, and accessories worldwide. It recently released Apple Intelligence, the company’s personal intelligence system.

UBS analyst David Vogt maintained a Hold rating on Apple Inc. (NASDAQ:AAPL) and set a price target of $236.00. According to the firm, the 78M sell-in unit estimate for the December quarter has limited upside. Data suggests that their demand is muted despite customers familiarizing themselves with Apple Intelligence.

While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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