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Apple is the most shorted stock in Jefferies’ list of 16 tech stocks

  • Apple has become the most shorted stock in Jefferies’ “Sweet 16” group of leading tech firms.
  • Goldman Sachs reiterated a Buy rating on Apple's stock, highlighting the potential benefits of Apple's loyal customer base.
  • Apple shares hit a low of $169.21 on April 8th but are expected to rally 25% in the next 12 months.
  • Apple plans to produce all iPhones sold in America at its India factories by the end of 2026, shifting away from China.

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