JPMorgan Stays Bullish on Apple (AAPL) with Stable iPhone 17 Lead Times

Core Insights - Apple Inc. is recognized as a significant player in the AI stock market, contributing to Wall Street's upcoming rally [1] - JPMorgan has maintained an "Overweight" rating on Apple, indicating positive sentiment based on channel checks revealing moderated lead times for iPhones [1] Group 1: Product Availability and Demand - In Week 4 of the Apple Product Availability Tracker, lead times for iPhones have moderated, which is typical for this period post-launch, although they remain elevated compared to the previous year with the iPhone 16 series, indicating higher year-over-year demand [2] Group 2: Investment Perspective - While Apple is seen as a viable investment, there are other AI stocks that may present greater upside potential and lower downside risk, suggesting a competitive landscape for investors [3]