15 Best Next Generation Dividend Aristocrats to Buy

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1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 159

Goldman Sachs recently highlighted a group of stocks that its analysts believe still have significant growth potential. The firm views these companies as resilient and recommends that investors act quickly to buy them, with Apple Inc. (NASDAQ:AAPL) being one of the top picks on the list.

The firm made the following comment:

“We are Buy-rated on AAPL as we believe that the market’s focus on slower product revenue growth masks the strength of the AAPL ecosystem & associated revenue durability & visibility. … .Valuation is attractive relative to AAPL’s historical multiple — both on an absolute & relative basis — and compared to key tech peers.”

Apple Inc. (NASDAQ:AAPL) is not only a tech giant but also a very solid dividend payer. The stock’s dividend yield may be low at 0.52%, but it maintains a 13-year streak of dividend growth.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BAC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.

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