10 AI Stocks Getting Wall Street’s Attention Right Now

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. On May 6, the stock was revisited by a Wall Street analyst, Wamsi Mohan from Bank of America Securities, who maintained a “Buy” rating on the stock with a $235.00 price target. Apple’s App Store revenues have demonstrated substantial growth with a notable rise in dollars per download.

This, in turn, indicates a healthy demand for Apple’s digital services. App Store continues to contribute significantly to Apple’s overall revenue despite legal rulings that could allow developers to bypass Apple’s commission structure. Moreover, the productivity category in the App Store has also shown considerable growth owing to popular applications such as ChatGPT.