Louis Navellier’s Top 15 Long-Term Stock Picks

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158 

Navellier & Associates’ Stake: $13.4 million

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. The first factor that makes this company an appealing investment opportunity is its robust financial performance. In the fourth quarter of the fiscal year of 2024, the company reported revenue of $94.9 billion, a 6% increase year-over-year. The operating income for the quarter was $27.9 billion, reflecting a 15% increase compared to the same period in the prior year. The second most pertinent factor that makes Apple a great investment opportunity is its integration of Apple Intelligence in all its products to enhance productivity and meet the evolving needs of the world. Siri’s improved neutral language processing, the Apple Neural Engine (ANE) for machine learning tasks, and AI-driven tools within iOS are some of the AI advancements that investors should take note of. Moreover, Apple has recently announced plans to expand recycled material across its products, including a new 2025 target to use 100% recycled cobalt in all batteries designed by Apple. This strategy positions the company as a leader in environmentally conscious manufacturing.