12 Best FAANG+ Stocks to Invest in Right Now

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1. Apple Inc. (NASDAQ:AAPL)

Number of hedge funds: 158

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets innovative products, including the iPhone, iPad, Mac computers, Apple Watch, and Apple TV. The company also offers a range of software and services, such as the iOS and macOS operating systems, iCloud, advertising, payment services, Apple Music, and the App Store. Its market cap currently stands at $3.6 trillion, up from $1.2 trillion five years ago.

Apple Inc. (NASDAQ:AAPL)’s dedication to design, quality, and user experience has established it as a dominant player in the consumer electronics market. The company is increasingly focusing on services and software, which significantly contribute to its revenue. With a large, loyal customer base and an expanding ecosystem, Apple exhibits strong business momentum. The company’s services segment, which includes subscriptions and digital content, is expected to grow significantly, providing a steady revenue stream. As of December 2024, Apple’s installed base of active devices stood at an impressive 2.35 billion.

Apple Inc. (NASDAQ:AAPL) reported steady Q1 2025 results (FY ending September 2025), with sales growth of 4% year-over-year (YoY) which came in line with street expectations, and EPS coming in slightly ahead of expectations. Sales growth was primarily driven by the ‘Services’ segment, where sales rose 14% YoY, while the ‘Product’ segment sales grew 2%. Among products, Mac and iPad sales increased by around 15% each, but iPhone and Wearables sales were down 1%-2%. The company returned over $30 billion to shareholders in the quarter, including $3.9 billion in dividends and $23.3 billion through repurchases of 100 million shares. Additionally, it plans to expand Apple Intelligence to new markets and languages in April 2025, which is expected to drive further adoption and enhance the user experience.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that 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: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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