10 AI Stocks to Watch Out For in 2025

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 156

Apple Inc. (NASDAQ:AAPL) is one of the 10 AI Stocks to Watch Out For in 2025. On September 3, BofA Securities analyst Wamsi Mohan raised the price target on the stock to $260.00 (from $250.00) while maintaining a Buy rating.

The firm discussed how the DOJ ruling for Google anti-trust case has revealed that Google is barred from exclusive contracts to push Google Search, Chrome, Google Assistant, and the Gemini App.

However, it will be allowed to pay distributors, such as Apple, to be the default search engine-paid on a one-year basis. The firm expects robust growth in Apple’s Services business.

“AAPL shares traded up after market on news reports that the judge in the DOJ-Google anti-trust case had issued a memorandum opinion on remedies required of Google. While Google will be barred from entering or maintaining exclusive contracts related to distribution of Google Search, Chrome, Google Assistant, and the Gemini App; for now, Google will be permitted to pay distributors for default placement (preloading or placement of Google Search, Chrome, or its Gen AI products) one year at a time. In our opinion, the substance of this remedy already exists today where Apple has Google as the default search engine, but also allows users to change that default to some other search engine in settings (choice screen not mandated). The court directed the parties (DOJ, Google) to confer and present by Sep 10th a joint revised final judgement. Reiterate Buy. PO moves to $260 (from $250) on 31x (prior 30x) C26 EPS of $8.37 (higher multiple on increased confidence in Services growth).”

Apple is a technology company known for its consumer electronics, software, and services.