This analyst was right on Apple (AAPP)

We have recently published Top 10 shares to be monitored after the drop in the rate of the federal reserve. Apple Inc (NASDAQ: AAPP) is one of the analysts of the actions that spoke recently.

Jeff Kilburg of KKM Financial said in a program on CNBC at the end of July that it sold NVIDIA shares and bought Apple Inc (NASDAQ: AAPPL). The analyst at the time said that there was an opportunity for Apple Inc (Nasdaq: AAPP) to reach $ 230 if the company could show something “tangible” linked to AI. While the iPhone manufacturer has not yet made bumps with his intermediary plans, the action was negotiated at around $ 238 in September 18, having won around 4% in the last 30 days. Here is what the analyst had said about Apple Inc (Nasdaq: AAPPL):

“They have to say something. They must capture AI in one way or another. They are not a hyperscaller, so they don’t need to spend money, but they have to offer something to offer optimism. We see Apple at around 17% of its top of all time. So there is an opportunity for Apple to go back to 230, but it must be tangible. We don’t need something. It’s not cheap. The Mag 7, look at the MAG 7, it is a concentration of market capitalization of 62% of the NASDAQ 100. It’s about 35% as a collective MAG 7 in the S&P 500. So, the apple is the Laggard, we must remember, Melissa, that the apple, I know, has had a difficult year, but in recent years, it has been seeing. It would be the largest purchase since the beats only increased three billion. »»

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The Renaissance Great Capitalization Growth Strategy indicated the following concerning Apple Inc. (NASDAQ: AAPPL) in its letter as an investor in the second quarter 2025:

“Apple Inc. (Nasdaq: AAPP) decreased during the quarter. Despite the declaration of solid operating results, the title was subject to pressure on concerns concerning the deceleration of iPhone sales, the opposite winds of Chinese growth and the disappointing details of Apple’s long -awaited AI strategy. The prices were also an unexpected negative surprise, Apple quantifying a cost impact of $ 900 million. In addition, the last development of the Apple VS Epic Games trial resulted in a decision that Apple had violated a previous injunction, questioning Apple’s absolute control over its app store. »»

While we recognize the potential of the AAPP as an investment, our conviction lies in the conviction that certain AI actions are more promising for the provision of higher yields and have a limited risk of decline. If you are looking for an extremely cheap stock of AI who is also a major beneficiary of Trump prices and in terms of, see our free report on the Best short -term AI stock.