Keep an eye on Apple (AAPL).
At the moment, the tech giant is sitting at triple-bottom support and could push aggressively higher with patience. While it did pull back on weak guidance, analysts at Morgan Stanley advised investors to buy it after the earnings pullback. Goldman Sachs also just raised its price target on shares of Apple, too.
In addition, as investors wait for the Apple stock to push higher, they can collect its 24-cent dividend. This one is payable on February 15 to shareholders of record on February 12.
Better, according to CEO Tim Cook, Apple’s generative AI software features will make their way to consumers later this year. “Let me just say that I think there’s a huge opportunity for Apple with generative AI and with AI, without getting into many more details or getting out ahead of myself,” Cook added, as quoted by TheVerge.com.