JPMorgan Turns More Positive on Apple (AAPL) Heading Into Earnings

Core Viewpoint - Apple Inc. is highlighted as a significant AI stock to watch, with JPMorgan maintaining an "Overweight" rating and increasing the price target to $290 from $280 ahead of the earnings report on October 30 [1]. Group 1: Stock Performance and Market Sentiment - AAPL shares are entering the upcoming earnings report with a positive sentiment, focusing on iPhone sales for the iPhone 17 series and the anticipated iPhone 18 series launch next year [2]. Group 2: Investment Considerations - While AAPL is recognized for its investment potential, there are other AI stocks that may offer greater upside potential and lower downside risk [3].