5 Stocks to Buy on Sale and Never Look Back

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 128

Share Price as of November 4: $135.11

Apple Inc. (NASDAQ:AAPL) is an information technology giant. The company is the renowned producer of the iPhone and MacBook products.

Wamsi Mohan holds a Neutral rating on shares of Apple Inc. (NASDAQ:AAPL) as of November 1, alongside a $160 price target.

In the fourth quarter of 2022, Apple Inc. (NASDAQ:AAPL) increased its revenue by 8%, compared to the same period a year ago. Over the last 12 months, the company has been up 2.08% as of October 31. In comparison, the S&P 500 is down 15.13%, making now a good time to buy the stock before it grows further.

Apple Inc. (NASDAQ:AAPL) had 128 funds long its stock in the second quarter, with a total stake value of $1.4 billion.

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