Top 10 Buzzing Stocks You Should Watch Today

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1. Apple Inc (NASDAQ:AAPL)

Number of Hedge Fund Investors: 158

Scott Wapner, CNBC’s Halftime Report host, said in a latest program that he was informed that Jim Cramer is having second thoughts about his age-old manta of ‘own, don’t trade’ Apple Inc (NASDAQ:AAPL).

“When I sat down on this desk moments before our program, our senior producer sent me a note that Jim Cramer has just put out that says, quote, I’m wavering on quote unquote own don’t trade Apple. That it’s now harder to defend Apple stock in the trade war.That’s significant coming from somebody like Jim, who has made the case for literally as long as I can remember. And I have these words in my head, own don’t trade Apple, because he says it so often. But this, this is different. The game’s different. The goalpost have moved,” Wapner said before asking a question to an analyst about the iPhone maker.”

Many analysts believe that just a few AI apps would not be enough to trigger a broader upgrade cycle for iPhone. Apple is dealing with currency headwinds as the stronger US dollar is expected to reduce top-line growth by 2.5% next quarter. For Q2 FY2025, management expects overall revenue to grow in the low to mid-single digits. Apple’s stock is trading at a premium valuation, with a price-to-earnings ratio of 39-40x, a price-to-free-cash-flow ratio of 33-34x, and a PEG ratio exceeding 3x. Upcoming quarters would be difficult for Apple and its current valuation is not justified.

Columbia Seligman Global Technology Fund stated the following regarding Apple Inc. (NASDAQ:AAPL) in its Q4 2024 investor letter:

“The fund maintained a position in Apple Inc. (NASDAQ:AAPL) throughout the quarter through the release of the company’s new iPhone 16 in September. Company leaders were excited about the release of the new model, as this is the first model that will feature enhanced AI capabilities through the Apple Intelligence features. Sales for the first few weeks in October and November trailed behind year over year sales from the iPhone 15, as availability of Apple Intelligence was not compatible with all iPhone models. Apple announced a partnership with OpenAI that has allowed the integration of ChatGPT into the Apple ecosystem, separate from the core Apple Intelligence features. This partnership highlights continued progress from Apple to introduce AI capabilities into its products and we expect the iPhone 17 to have even more expansive AI capabilities, increasing potential demand for the new model that is on track to be released in 2025.”

While we acknowledge the potential of Apple Inc (NASDAQ:AAPL) as an investment, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 10 Stocks on Analysts’ Radar Amid Tariff Turbulence and the Top 10 AI Stocks Making Headlines Today.

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