Top 11 Trending AI News And Wall Street Ratings

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1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and sells consumer electronics, software, and services. The tech giant’s Apple Intelligence leverages generative models to improve user experience on Apple devices. Furthermore, the company’s AI capabilities also use on-device processing and private cloud compute to safeguard user privacy.

On February 14th, Bloomberg reported that Apple Inc. (NASDAQ:AAPL) might launch its AI features in China in May as it navigates legal challenges and works to modify Apple Intelligence for the Chinese market. Apple Inc. (NASDAQ:AAPL) is reportedly working with Baidu Inc. (BIDU) and Alibaba Group Holding Ltd. (NYSE:BABA) to include AI features in iPhones for China. The mainland has received AI features from Apple Inc. (NASDAQ:AAPL) for evaluation as it works with Alibaba to create a complaint, on-device AI system for Macs, iPads, and iPhones sold there.

While we acknowledge the potential of Apple Inc. (NASDAQ:AAPL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. 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 Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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