12 Safest Stocks to Buy According to Hedge Funds

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2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158 

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. This company offers a robust investment case for several reasons. Apple has achieved 11 consecutive years of dividend growth, exceeding the sector median of 1.7 years by 555%, reflecting its commitment to consistently increasing shareholder returns. The company is also planning to launch a new low-cost iPhone, a refreshed low-cost iPad, and an M4 MacBook Air. The iPhone SE, the company’s first device with an Apple 5G modem, will see an update in 2025, and it is expected to feature a 6.1-inch OLED display, Face ID, and an iPhone 14-like design. It will be the first Apple device with an Apple 5G modem. Additionally, Apple is working on an 11th-generation iPad with a faster chip and support for Wi-Fi 6E. The tablet is also expected to feature Apple’s custom-designed modem chip, an A17 Pro chip, and 8GB RAM. Lastly, the iPad Air is going to get updated with either an M3 or M4 chip, and it could debut alongside a new lower-cost Magic Keyboard that Apple is developing for the more affordable iPad models.

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