Apple Inc. (NASDAQ:AAPL) ranks 7th on our list of the best American stocks to buy in 2024. Despite recent concerns about Apple Inc. (NASDAQ:AAPL), particularly related to generative artificial intelligence and weak iPhone sales in China, Wedbush Securities analyst Dan Ives remains optimistic. Ives, a strong supporter of Apple on Wall Street, acknowledged current challenges but emphasized a bullish outlook. He anticipates navigating through the next 1-2 quarters, with potential positive catalysts such as easier comparisons, an artificial intelligence announcement at WWDC, a robust upgrade cycle for iPhone 16, and monetization opportunities from the existing user base in Cupertino. Ives maintains his Outperform rating and a $250 price target on Apple Inc. (NASDAQ:AAPL) on March 5.