Apple Inc. (AAPL) is recommended as a strong buy with anticipated revenue growth

From Yahoo Finance: 2025-05-02 17:42:00

The US economy contracted 0.3% in Q1 of 2025 due to tariff uncertainties, causing a 4.8% drop in net exports. NASDAQ slipped 0.09% on May 1, ending at 17,446.34. Tom Lee predicts market uncertainty due to tariffs may impact 2025 economic data.

Apple Inc. (AAPL) remains a strong buy according to billionaires, with 21 billionaire investors holding $101,684,000,000 worth of shares. Analyst Krish Sankar maintains a Buy rating with a $290 price target due to anticipated revenue growth and increased demand in the US market.

AAPL ranks 10th among best NASDAQ stocks to buy according to billionaires. Despite potential growth, AI stocks are seen as more promising for higher returns within a shorter timeframe. Consider exploring AI stocks for better investment opportunities.

Read more: Is Apple Inc. (AAPL) the Best NASDAQ Stock to Buy According to Billionaires?