10 Buzzing AI Stocks on Wall Street

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 156

Apple Inc. (NASDAQ:AAPL) is one of the 10 Buzzing AI Stocks on Wall Street. On September 19, JPMorgan reiterated the stock as “Overweight” and raised its price target on the stock to $280 per share from $255. The firm cited favorable early demand for the iPhone 17 series.

“iPhone 17 series has been available to consumers for a few days now and early demand indications are outlining the opportunity for the volume cycle to not only track higher than our initial expectations (which incorporated concerns around digestion following a pull-forward in iPhone 16 series), but also upside to iPhone 16 series volumes on a y/y basis.”

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