Top 10 AI Stocks on Wall Street’s Radar Right Now

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. One of the biggest analyst calls for Wednesday, February 20, was for Apple Inc. Goldman Sachs kept a “Buy” rating and a $294 price target on the stock. The firm noted that the company’s iPhone 16e announcement has been largely in line with expectations. The iPhone 16e features an agile A18 chip, Apple Intelligence, an extraordinary battery life, and a 48MP 2-in-1 camera system, promising powerful capabilities at an affordable price point.

However, the entry average selling price of $599 has been higher than expected when compared to the expected price relative to price reports, which was under $500. Despite the slightly higher price point, the firm said that the iPhone 16e is a positive development for Apple which is anticipated to support the demand for iPhone upgrades. Moreover, it will also likely lead to growth within the Apple base, particularly in price-sensitive markets.