Goldman Sachs Recommends Buying Apple, Expects Stock to Climb

Apple Inc. (NASDAQ:AAPL) is one of the best next generation dividend aristocrat stocks.

Goldman Sachs recently highlighted a group of stocks that its analysts believe still have significant growth potential. The firm views these companies as resilient and recommends that investors act quickly to buy them, with Apple Inc. (NASDAQ:AAPL) being one of the top picks on the list.

The firm made the following comment:

“We are Buy-rated on AAPL as we believe that the market’s focus on slower product revenue growth masks the strength of the AAPL ecosystem & associated revenue durability & visibility. … .Valuation is attractive relative to AAPL’s historical multiple — both on an absolute & relative basis — and compared to key tech peers.”

Apple Inc. (NASDAQ:AAPL) is not only a tech giant but also a very solid dividend payer. The stock’s dividend yield may be low at 0.52%, but it maintains a 13-year streak of dividend growth.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Dividend Stock Portfolio For Retirement and 10 Unstoppable Dividend Stocks to Buy Now

Disclosure. None.