Apple Inc. (AAPL) is highlighted as a top AI stock by BofA Securities with a Buy rating and $270.00 price target. iPhone 17 Pro and Pro Max models show stable delivery times globally, with the US having better availability on carrier websites compared to Apple’s own site.

The strong capital returns and potential as an AI leader at the edge make Apple a buy, according to BofA Securities. iPhone 17 Pro ships in 13 days on average globally, while 17 Pro Max ships in 20 days. In the US, carrier websites have better availability than Apple’s site for both models.

While Apple is a tech giant known for its consumer electronics, some believe other AI stocks offer better upside potential. For those seeking an undervalued AI stock, a free report is available on the best short-term AI stock. No specific details are provided on this stock in the article.

Read more at Yahoo Finance: Analyst Sees Apple as ‘Eventual Winner on AI at the Edge,’ Keeps $270 Target