Top 10 AI Stocks Making Headlines on Wall Street

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company known for its consumer electronics, particularly the iPhones and MacBooks. On May 14, Loop reiterated the stock as “Hold.” After a lookahead analysis of Apple’s iPhone product pipeline, the firm believes there is much work to be done for the tech giant.

“As Loop’s AAPL coverage has been highlighting for the past 12-18 months the ongoing AI struggles, move to the internal modem, integrating internally designed chips at higher velocity, and navigating a stagnant iPhone device strategy, there is no shortage of challenges to discuss as AAPL seeks to get its mojo back.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $235 implies an 11% upside, however, the Street-high target of $308 implies an upside of 45%.