5 Best Fundamental Stocks To Buy

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In this article, we discuss 5 of the best fundamental stocks to buy. If you want to check out some more of the best fundamental stocks to buy, go directly to 10 Best Fundamental Stocks To Buy.

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 128

Apple Inc. (NASDAQ:AAPL) is the world’s most valuable tech company known for its iPhones, iPads, and other computing devices. Given its strong brand and its substantial scale, Apple Inc. (NASDAQ:AAPL) can charge more for its smartphones than many of its other competitors and hence realize higher margins. Due to the market decline, shares of Apple Inc. (NASDAQ:AAPL) have fallen 21.1% year to date and trade for a forward P/E ratio of 21.7. According to the DigiTimes, Apple is preparing for 2nm chips, which is scheduled to enter volume production in 2025. With smaller chips, iPhones could be faster and more energy efficient. 128 hedge funds in our database were long Apple Inc. (NASDAQ:AAPL) at the end of Q2.

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