From Yahoo Finance: 2025-04-12 08:33:00

In a recent article, we highlighted the “12 Best Tech Stocks to Buy For Long-Term Investment,” with a focus on Apple Inc. (NASDAQ:AAPL) compared to other tech stocks for long-term investment. Chris Verrone of Strategas Research Partners believes the market has already factored in negative sentiment, with an anticipated market rally.

Verrone sees the current market downturn as more than a typical correction and emphasizes the importance of monitoring market breadth, new highs, and credit conditions. He notes a shift in investor sentiment towards more bears than bulls, highlighting the impact of the Fed and politics on the market.

Despite acknowledging current tech weakness, the tech sector remains innovative in the long run. MAG7 continues to drive this market forward, offering potential for growth among tech stocks.

Apple Inc. (NASDAQ:AAPL) stands out as a top tech stock for long-term investment, with 166 hedge fund holders. The company is known for its popular products like the iPhone, Mac, and iPad lines, generating record revenue in its Services segment. UBS maintains a Neutral rating on AAPL with a $236 price target.

Columbia Seligman Global Technology Fund remains optimistic about Apple Inc. (NASDAQ:AAPL) due to the AI potential of the iPhone 17 model. The fund sees enhanced AI capabilities through Apple Intelligence features and expects the new model to have even more expansive AI capabilities, increasing demand upon its release in 2025.

Read more: Is Apple Inc. (NASDAQ:AAPL) the Best Tech Stock to Buy For Long-Term Investment?