BofA’s Wamsi Mohan on why he's raising Apple's price target

Wamsi Mohan, Bank of America Securities senior IT hardware analyst, joins 'Squawk Box' to discuss Apple's recent stock rally, what's driving Apple shares higher, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@FolarinSodiq]

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[@SarahOlivera-t4z]

I bought into NVIDIA around September last year because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my market return this year.

[@BarbaraLouise-i3r]

@@SarahOlivera-t4z That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trends that are difficult for the untrained eyes to see.

[@FolarinSodiq]

@@BarbaraLouise-i3r That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@BarbaraLouise-i3r]

@@FolarinSodiq Victoria Carmen Santaella is the licensed coach I use. Just research the name. You'll find the necessary details to work with a correspondence to set up an appointment.

[@FolarinSodiq]

@@BarbaraLouise-i3r I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@SirGenesis206]

The underrated piece for me is being able to test an integrated AI as a small business owner without signing up for a service fee. You can just buy an Apple device for a team and give them AI features without a subscription and test for an ROI before investing in a SaaS version Or if Apple adds its own business version to subscribe too that would be even bigger. $5 per user for a shared network system would be huge. We’ll see.

[@SavanaT]

Melissa is using an iPhone 11? It must be super laggy...

[@henrychung3545]

i use an iphone 11, its battery is kinda screwed so the phone does occasionally stutter but since i use it everyday im used to it. Its similar to people living with injuries, to a normal and healthy person it sounds painful, but you slowly get used to it as much as possible

[@SavanaT]

@@henrychung3545But why sir? Just a new phone....

[@carlh2266]

I had an iPhone 8 and had no lag. 🤷🏻‍♂️ It worked great for all my needs. I traded it in for an iPhone 15 pro about 3 months ago. I can’t see a performance difference between the two phones.

[@SavanaT]

@@carlh2266 That's weird... you must only call and text... 🙏

[@skyak4493]

I have an iPhone 11 and it works great! Very snappy, battery still great (I never charge past 90%). I also have a pixel 6 -it’s ok but every app is flakey and notifications come from nowhere and go to nowhere.

[@superblondeDotOrg]

Save thousands of dollars per year easily! Don't buy a smartphone and cancel cellphone service.