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Why Apple stock is still a buy ‘at current levels’ despite AI mania: Analyst
Apple (AAPL) might not be on the major edge of generative AI in the exact vein as Microsoft (MSFT) with its ChatGPT-Bing integration and Google (GOOG, GOOGL) with its rival Bard, but it nevertheless tends to make feeling to very own the stock, says just one Wall Streeter. “Apple infuses AI through its items as perfectly,” Neuberger Berman senior analyst Dan Flax claimed on Yahoo Finance Live (video higher than), later on introducing: “I carry on to like the inventory at present concentrations.” Flax defined that it can be Apple’s innovation in hardware and application, not automatically generative AI, that carries on to be favorable. “If we appear to what…