Apple (AAPL) is relatively well-positioned to withstand tariffs, as it has "enormous pricing power," Angelo Zino, a Technology Equity Analyst and Senior VP at CFRA Research said yesterday on Schwab Network.

AAPL Has Many Attractive Qualities, Zino Says

Calling AAPL one of the "safer" names in the tech sector, Zino also praised the company's high free cash flow and favorable capital allocation strategy.

An Apple store displaying the latest in consumer electronics, from smartphones to wearables.

The analyst, who says that AAPL stock is a buy, believes that the demand for iPhone 17 will be boosted by the inclusion of new AI features. Finally, he stated that AAPL is not "capital intensive," compared to other names in the space.

Another Expert Is Upbeat on AAPL

Apple should get a big boost from AI over the longer term, said David Nicholson, Chief Technology Adviser of The Futurum Group, who appeared on the same segment as Zino.

"AI will be rolled out methodically (by AAPL), and that is the core of what makes them a good, safe bet," he stated.

The Recent Price Action of AAPL

Heading into today, in the last month, AAPL had fallen 5%, while it was down 8% in the last three months.

While we acknowledge the potential of AAPL, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.