12 AI Stocks Making Headlines: Latest News and Ratings

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2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. One of the biggest analyst calls on Wednesday, March 5th, was for Apple Inc.  Bank of America reiterated the stock as “Buy” and retained the price target of $265.00. The firm said it is sticking with the stock following data that shows App Store revenue increasing. App store revenue has witnessed a year-over-year revenue increase of 14% in the second fiscal quarter of 2025, driven by the expansion in its Productivity app category due to applications like ChatGPT.

Apple has also been broadening its ecosystem, including the Apple TV App on Android devices, which is anticipated to boost long-term subscription revenues. The company is also positioning itself to capitalize on advancements in AI on edge devices, another reason why the firm is optimistic on Apple’s earnings resilience and stable cash flows.

“Our Buy rating on Apple is based on 1) expected strong iPhone upgrade cycle in F25, F26 driven by the need for latest hardware to enable Gen AI features, 2) higher growth in Services revenue…”

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