Apple (AAPL) Is A Top Stock In Billionaire Ken Fisher’s Portfolio

Apple Inc. (NASDAQ:AAPL) is one of Billionaire Ken Fisher’s Latest Portfolio: 10 Best Stocks to Buy.

Consumer electronics giant Apple Inc. (NASDAQ:AAPL)’s shares are up by 53% over the past year and by 14% year-to-date. The firm was at the center of coverage from several analysts in May. For instance, Melius Research raised the share price target to $385 from $355 ahead of the firm’s highly anticipated WWDC conference in June. Some of the factors that Melius noted in its coverage about Apple Inc. (NASDAQ:AAPL) included the growing uptick in consumer preference for voice commands and the unique value proposition of offering consumers hardware and software under a single roof.

Like Melius, Evercore ISI also raised Apple Inc. (NASDAQ:AAPL)’s share price target. It bumped the target to $365 from $330 and kept an Outperform rating on the stock. The financial firm praised Apple Inc. (NASDAQ:AAPL)’s high prices and noted the potential for monetizing AI, among other factors.

Apple (AAPL) Is A Top Stock In Billionaire Ken Fisher's Portfolio

Apple Inc. (NASDAQ:AAPL) was briefly featured in Impax US Sustainable Economy Fund’s Q1 2025 investor letter for QUALCOMM Incorporated (NASDAQ:QCOM):

“QUALCOMM Incorporated (NASDAQ:QCOM) (Information Technology, Semiconductors) is held due to its best-in-class Corporate Resilience score, scoring highly from Environment & Social factors as well as Governance. The stock is also well positioned from a sustainability opportunity perspective with high scores on Digital Infrastructure and Resource Efficiency. Underperformance was driven by a sharp sell-off after record fiscal Q1 results were overshadowed by deeply disappointing forward guidance, as AI data center demand has created industry-wide memory shortages. Apple’s accelerating development of in-house modem chips threatens Qualcomm’s largest customer relationship, and escalating US-China trade tensions create meaningful uncertainty around its substantial China revenue exposure.”

While we acknowledge the risk and potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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