Apple (NASDAQ: AAPL) has seen its share price more than double over the past five years, with an average annualized growth rate of 16%. This growth has added roughly $2 trillion to the tech giant’s market cap.

Despite Apple’s success, there’s an argument against buying its stock due to indirect exposure through index-tracking ETFs. Many popular funds have significant holdings in Apple, giving investors exposure even without direct ownership.

Apple’s financials are impressive, with revenue of $435 billion, net income of nearly $118 billion, and free cash flow of over $123 billion in the past 12 months. The company has ambitious growth plans, particularly in its iPhone franchise, services, and new features like Apple Intelligence.

While Apple remains a strong investment, it may not be necessary to buy additional shares if you already have exposure through index-tracking ETFs. The Motley Fool Stock Advisor team has identified 10 best stocks for investors to buy now, excluding Apple from the list of potential high-return opportunities.

Read more at Yahoo Finance: You Don’t Need to Buy Apple Stock. Here’s Why