5 Best Streaming Stocks To Buy Now

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 140

Headquartered in Cupertino, California, Apple Inc. (NASDAQ:AAPL) designs and develops a wide range of consumer and professional technology products, including smartphones, tablets, laptops, desktop computers, smartwatches, and home automation products. Apple Inc. (NASDAQ:AAPL) is best known for its iPhone, which is one of the most popular smartphones in the world. The company also manufactures and sells a range of other products, including iPads, Macs, Apple Watch, and AirPods. Apple TV+ is a streaming subscription service owned by Apple Inc. (NASDAQ:AAPL).

On December 12, 2022, Martin Yang, an analyst at Oppenheimer, reduced his price target on Apple Inc. (NASDAQ:AAPL) to $170 while keeping an Outperform rating on the company’s stock. The analyst anticipates a quicker return of iPhone production in Zhengzhou and believes that the relaxation of China’s zero-Covid regulation will alleviate the production capacity restrictions heading into 2023

At the end of Q3 2022, 140 hedge funds in Insider Monkey’s database were long Apple Inc. (NASDAQ:AAPL). Berkshire Hathaway remained the leading stakeholder of the company at the end of Q3 2022.