We recently released a list According to Billionaire, the 10 Best Nasdaq Stocks. In this article, we will look at where Apple Inc. (NASDAQ:AAPL) is with other best Nasdaq stock representatives to buy.
The latest market data show that the U.S. economy is 0.3% aged in the first quarter of 2025. This is a rapid reversal from 2.4% growth in the last quarter of 2024. Further isolation of the data suggests that tariff uncertainty is one of the key factors in the decline in net export volumes, as net exports fell by 4.8%. 4.8%. According to a recent CNBC report, traders stressed that the import volume was tilted toward 41% last quarter, which is the company’s preparation measure to lead the tariff situation. Against this backdrop, the Nasdaq fell 0.09% on May 1, ending at a rate of 17,446.34.
Fundstrat's Tom Lee joined CNBC on April 30 to discuss the prospects for the stock market under the tariff situation. He noted that stock markets are currently trying to figure out the trajectory of the economy, as it is clear that economic data for the next three quarters will be polluted by subsequent tariffs and other distortions. Lee stressed that the market is trying to figure out two issues. The first question is whether this is just the inclination and noise in 2025, and the market is in a better shape as 2026 approaches. If that's the case, Lee believes the stock has put its lows at a low point on April 7 with the S&P 500 S&P 500 index of 4,835. This would be a better situation for all possible outcomes. But if the market believes that uncertainty drags into several more quarters in 2025, it could be harmful to the stock market.
CNBC's Steve Liesman mentioned in Tom Lee's comment that the current stock market is the president's market. He stressed that when President Trump was responsible for the stock market, later policies hindered people's sentiment and lowered the stock market. Liseman further elaborated on the forecast for 2025 GDP growth of 2% per quarter ahead of all these policy uncertainties. However, the first quarter is now finalized at -0.3%, and the next quarter is expected to grow by 1.6%. Liseman concluded that the market may see the economy bounce in the next quarter, allowing investors to understand the outlook.
Amid this uncertainty, Lee stressed the importance of keeping investing in a way that volatility is the key to gaining profits. We introduce more analysis by Tom Lee According to billionaires, 10 Best Growth Stocks to Buy.
To curate a list of 10 best NASDAQ stocks, according to the billionaire, we used the Billionaire database of Finviz Stock Screener and Insider Monkey. Using filters, we summarize the list of Nasdaq stock trading. After sorting the list by market cap, we checked the number of billionaires holding each share and ranked the stocks in the rising order of the number of billionaire investors. We also added the total value held by billionaires and the hedge fund sentiment around each stock.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Enjoy the broad vision of the Apple store, showing the range of products the company offers.
Number of hedging funds: 166
Number of billionaires investors: 21
The value of billionaire holdings: $101,684,000,000
Apple Inc. (NASDAQ: AAPL) is a leading technology company specializing in the design, manufacturing and sales of consumer electronics, software and related services. It is known for its iconic iPhone, MacBook and iPad.
On April 28, TD Cowen analyst Krish Sankar maintained a buy rating on the stock and reiterated his $290 price target. Analysts noted that the company is expected to increase revenue by 4% year-on-year in the March and June quarters. Sankar stressed that despite the taxes, demand for Apple Inc. (NASDAQ:AAPL) products has increased in the United States. In addition, the company's service sector is expected to grow by 11% year-on-year.
Although tariffs may hinder the sales of Chinese iPhone units, the United States has a lot of room for growth driven by inventory accumulation. Additionally, analysts like the company's strategy to increase production in India ahead of smartphone tariffs. According to the billionaire, Apple (NASDAQ: AAPL) is one of the best stocks in Nasdaq stock.
Overall, AAPL Ranked 10th According to the billionaire, on our list of best Nasdaq stocks. Although we acknowledge the growth potential of AAPL, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than AAPL but have less than 5 times its earnings, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Internal monkey.