1. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders as of Q4: 166
Fisher Asset Management’s Equity Stake: $14.85 Billion
Apple Inc. (NASDAQ:AAPL) remains dominant as a multinational technology company known for its highly innovative electronics, software, and online services. In the fourth quarter of 2024, the company reported strong financial results, with revenue rising 3.95% year-over-year to $124.3 billion while earnings per share climbed to $2.40, surpassing analyst expectations. To reinforce investor confidence, Apple’s Board of Directors announced a quarterly dividend of $0.25 per share. Institutional interest also strengthened, as 166 hedge funds out of 1,009 followed by Insider Monkey held positions in Apple Inc. (NASDAQ:AAPL) by the end of the December quarter, with total holdings valued at $118.6 billion, signaling continued confidence in the company’s long-term growth trajectory.
Amid escalating geopolitical tensions and mounting trade barriers, Apple Inc. (NASDAQ:AAPL) is making a substantial push to expand its domestic presence. The company has committed $500 billion over the next four years to support U.S.-based manufacturing and technological development. Apple also plans to open a 250,000-square-foot manufacturing facility in Texas by 2026, aligning with the Trump administration’s broader initiative to bring high-tech manufacturing back to U.S. soil.
However, this ambitious reshoring strategy has drawn skepticism from industry experts and analysts, who argue that shifting iPhone production to the U.S. remains impractical. Needham analyst Laura Martin expressed doubts about the feasibility of domestic iPhone assembly, stating that such a move would drive production costs dramatically higher. According to Wedbush analyst Dan Ives, an iPhone manufactured entirely in the U.S. could cost as much as $3,500, underscoring the financial burden such a shift would impose. Martin added that reconfiguring Apple Inc. (NASDAQ:AAPL)’s global supply chain would take years, if not longer, and supply chain specialists generally agree that full U.S.-based iPhone production is currently unviable.
At the same time, White House Press Secretary Karoline Leavitt, speaking on behalf of President Donald Trump, maintained that Apple Inc. (NASDAQ:AAPL) has the resources and workforce necessary to manufacture domestically, referencing the company’s $500 billion U.S. investment as evidence of its long-term commitment. Trump remains vocal about bringing high-tech jobs back to the United States, including Apple’s iPhone production, as part of his administration’s aggressive reshoring agenda.
Overall, Apple Inc. (NASDAQ:AAPL) ranks first on our list of top 12 tech stocks to buy according to Billionaire Ken Fisher. While we acknowledge the potential of tech companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. 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 this cheapest AI stock.
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