11 Best Augmented Reality Stocks to Buy According to Hedge Funds

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5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets personal computers, smartphones, tablets, wearables, accessories, and various related services and platforms. Apple Inc. (NASDAQ:AAPL) has one of the largest AR platforms in the world, with hundreds of millions of AR‑enabled devices and thousands of AR apps on the App Store. Its AR apps on iPad help students learn and visualize better. The company also significantly contributed to the AR industry by releasing the Apple Vision Pro mixed reality headset in February.

The Apple Vision Pro has more pixels than a 4K TV for each eye and seamlessly blends digital content with a user’s physical space. It is continuing to deliver unique spatial experiences, including immersive experiences like Submerged, the new short film.

Apple Inc. (NASDAQ:AAPL) holds a significant premium brand and market position, supported by highly in-demand hardware devices. It is also a financially sound company, generating a notable $36.3 billion in net income in fiscal Q1 2025, resulting in a sizable free cash flow. In a report released on April 28, Amit Daryanani from Evercore ISI maintained a Buy rating on Apple Inc. (NASDAQ:AAPL) and set a price target of $250.00.

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