5 Biggest Companies Behind Upcoming Movies and TV Shows

2. Apple Inc. (NASDAQ: AAPL)

Number of Hedge Fund Holders: 146

Apple Inc. (NASDAQ: AAPL) ranks 2nd on the list of the biggest companies behind upcoming movie and T.V. shows. This year, Apple T.V. will premiere the Emmy-winning “The Morning Show Season 2,” starring Jennifer Aniston, Reese Witherspoon, and Steve Carell. In November 2019, Apple Inc. launched an ad-free premium video-on-demand streaming television service called Apple T.V. Plus, which offers 4K HDR video quality and Apple original T.V. shows and movies. Customers will be able to try Apple T.V. Plus for a year for free until July 2021.

In the first quarter of 2021, Apple Inc.’s revenue increased 21% year over year to $111.4 billion. The stock has gained 94% in the last twelve months. Morgan Stanley analysts assigned an Overweight rating to Apple on April 16th with a target price set at $ 152.

There were 146 hedge funds that reported owning stakes in Apple Inc. (NASDAQ: AAPL) at the end of the fourth quarter, up from 134 funds a quarter earlier. The total value of these stakes at the end of Q4 is $141.8 billion.