5 Best WallStreetBets Stocks To Buy Now

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 135

On March 30, Needham analyst Laura Martin maintained a Buy rating and her $170 price target on Apple Inc. (NASDAQ:AAPL).

Apple Inc. (NASDAQ:AAPL) is trending on WallStreetBets. The stock is placed on our list of the best WallStreetBets stocks to buy now and has gained 31.85% year to date, as of March 31.

Apple Inc. (NASDAQ:AAPL) was spotted on 135 hedge funds’ portfolios at the end of Q4 2022 that disclosed stakes worth $136.3 billion in the company. As of December 31, Berkshire Hathaway is the top investor in the company and has a position worth $116.3 billion.

Here is what Distillate Capital had to say about Apple Inc. (NASDAQ:AAPL) in its third-quarter 2022 investor letter:

“The largest new purchase was Apple Inc. (NASDAQ:AAPL), which after underperforming saw its valuation improve significantly. Over the course of the last year, Apple’s consensus estimated forward free cash flows rose modestly, while its enterprise value fell by around 30%. Apple ranks below the 25th most attractive name in the portfolio and so its weight is capped at 4% vs. 6% for names in the top quartile.”

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