Here’s Why Apple (AAPL) is One of the Best Big Company Stocks to Buy Right Now
Key takeaways
- Here’s Why Apple (AAPL) is One of the Best Big Company Stocks to Buy Right Now Bob Karr Sun, June 7, 2026 at 12:24 AM GMT+7 2 min read AAPL Apple Inc.
- (NASDAQ:AAPL)’s recent strength was backed by its products and services business instead of AI.
- (NASDAQ:AAPL) is not shelling out significantly on building AI infrastructure.
Here’s Why Apple (AAPL) is One of the Best Big Company Stocks to Buy Right Now Bob Karr Sun, June 7, 2026 at 12:24 AM GMT+7 2 min read AAPL Apple Inc. (NASDAQ:AAPL) is one of the Best Big Company Stocks to Buy Right Now. On June 1, Morgan Stanley analyst Erik Woodring reiterated an “Overweight” rating and a price objective of $330. The analyst believes that a successful AI strategy can help unlock a higher valuation for the company’s stock.
Apple Inc. (NASDAQ:AAPL)’s recent strength was backed by its products and services business instead of AI. That being said, companies tagged as AI winners were often credited with increased valuations over the previous 2 years, and the analyst opines that Apple Inc. (NASDAQ:AAPL) can be seen as one of them soon.
Contrary to its rivals, Apple Inc. (NASDAQ:AAPL) is not shelling out significantly on building AI infrastructure. Instead of doing this, the company could leverage its significant base of iPhone, iPad, and Mac users in a bid to bring new AI features to consumers. The analyst opines that this can help Apple Inc. (NASDAQ:AAPL) in growing the AI offerings without the high costs that are being faced by its competitors.