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Why Apple Inc. AAPL Is One of the Most Held Stocks by Hedge Funds

December 17, 2024
Apple Inc. (NASDAQ: AAPL) is a company that is favored by institutional owners, with a staggering 61% of the company held by them. This makes it one of the most held stocks by hedge funds. The popularity of AAPL among hedge funds can be attributed to the company's consistent performance and strong brand presence in the market. With its innovative products and loyal customer base, Apple has proven to be a profitable investment for many institutional investors. Considering the company's impressive track record, it is no surprise that hedge funds continue to have faith in AAPL. While past performance is not indicative of future results, it may be worth considering the opinions of professionals in the industry, such as Stocks Prognosis, to get a more informed view on the potential movement of AAPL shares.
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