5 Best Internet Content Stocks to Buy

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 135

Apple Inc. (NASDAQ:AAPL) is one of the best internet content stocks because the company’s hardware and software services are used by billions of people to access internet content of various types. There are about 1.8 billion Apple Inc. (NASDAQ:AAPL) devices in the world, on which millions of users access internet content. Apple Inc. (NASDAQ:AAPL)’s streaming service, Apple TV+, Apple Podcasts and other media services also make the company a notable internet content company.

As of the end of the last quarter of 2022, 135 hedge funds had stakes in Apple Inc. (NASDAQ:AAPL). The biggest hedge fund stakeholder of Apple Inc. (NASDAQ:AAPL) during this period was Warren Buffett’s Berkshire Hathaway which owns an $116 billion stake in the company.

Polen Global Growth Strategy made the following comment about Apple Inc. (NASDAQ:AAPL) in its Q1 2023 investor letter:

“Not owning Apple Inc. (NASDAQ:AAPL) and NVIDIA detracted from our relative performance. With respect to Apple, we have not felt that the combination of growth available and the valuation made for one of our best ideas. Concerning NVIDIA, while there seems to be strong demand for data center chips, the valuation and lack of clarity around pace and magnitude of that growth has kept us at bay to date.”