Ghazal Ahmed
1 min read
In This Article:
Apple Inc. (NASDAQ:AAPL) is one of the 10 AI Stocks Making Waves on Wall Street. On June 25, Argus reiterated the stock as “Buy.” The firm said it is sticking with the stock.
“The active installed base of Apple devices keeps setting new records, and Apple’s perpetually refreshed roster of highly desirable products provides a unique advantage over industry rivals.”
Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $235 implies a 17.5% upside; however, the Street-high target of $275 implies an upside of 38%.
Apple is a technology company known for its consumer electronics, particularly the iPhones and MacBooks.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks in the Spotlight and 10 Trending AI Stocks on Wall Street Right Now.
Disclosure: None.
