5 Best Stocks to Buy According to Charles Paquelet’s Skylands Capital

2. Apple Inc. (NASDAQ:AAPL)

Skylands Capital’s Stake Value: $45,768,000

Percentage of Skylands Capital’s 13F Portfolio: 6.7%

Number of Hedge Fund Holders(Q1): 131

Smartphone giant Apple Inc. (NASDAQ:AAPL) has remained Skylands Capital’s second favourite stock pick for over two years. During that time, shares of Apple Inc. (NASDAQ:AAPL) have appreciated by more than 90%.

Apple Inc.’s (NASDAQ:AAPL) sales from its services business, which primarily constitutes revenues from its App store, has shown double-digit growth for the past several years. However, as that business matures and its growth flattens out Apple Inc. (NASDAQ:AAPL)  is looking at other avenues for growth, such as Apple TV+ and Apple Card.

Apple Inc. (NASDAQ:AAPL) recently announced that as part of its promotional effort for its new animated movie ‘Luck’, users of Apple Card could get a free Apple TV+ subscription for three months.