Top 10 Stocks to Buy and Hold for the Long Term

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​6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 170

Apple Inc. (NASDAQ:AAPL) shares have declined following important AI-related announcements at the WWDC 2026 conference. The falling investor sentiment comes as the company was not able to meet AI advancement expectations. However, the Street sees the conference as a meaningful step for Apple. Apple Inc. (NASDAQ:AAPL) is also one of our Top Stocks to Buy and Hold for the Long Term.

​Recently, on June 9, Maxim raised the price target on the stock from $310 to $350 and reiterated a Buy rating. Maxim noted meaningful progress in the company’s AI efforts. The firm noted that the enhanced version of Siri is set for beta launch later this year, which is a positive sign.

​On the same day, Bernstein SocGen also reiterated an Outperform rating and $350 price target. The firm noted that a key revelation from WWDC was that Apple’s next-generation Foundation Models were built in collaboration with Google, using its Gemini technology. This powers Apple Intelligence, running both on-device and via Private Cloud Compute. Bernstein flagged the conference as the first meaningful step towards AI monetization.

Apple Inc. (NASDAQ:AAPL) designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and home accessories. The company develops its own operating systems (iOS, macOS) and provides digital services, including iCloud, Apple Pay, and content streaming through the App Store and Apple TV+.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the Top 5 Stocks to Buy and Hold for the Long Term

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