10 High Flying AI Stocks This Week

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 159

Apple Inc. (NASDAQ:AAPL) is one of the 10 High Flying AI Stocks This Week. One of the biggest analyst calls on Wednesday, August 6, was for Apple. Daiwa reiterated the stock as “Outperform” and lowered its price target on the stock to $230 per share from $240 but says it’s standing by Apple.

 “We see AI as being the key to future growth and are waiting for more Apple Intelligence features which will create excitement in users. Eventually, we see a multi-year phone and PC upgrade cycle and the shares as a core holding.”

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