10:32 AM EST, 02/24/2025 (MT Newswires) -- Apple ( AAPL ) is "playing well" into US President Donald Trump's investment theme, with its recent strategic move of investing over $500 billion in the US over the next four years, Wedbush Securities said in a Monday note.

The company announced the investment plan earlier the same day, covering initiatives in artificial intelligence, silicon engineering, and skills development. Wedbush noted that the plan also includes a new manufacturing facility in Houston and hiring about 20,000 employees over the next four years.

Wedbush said Apple ( AAPL ) Chief Executive Officer Tim Cook's management aligned the company's strategy with Trump's US focus as Apple ( AAPL ) looks to diversify its manufacturing in the US and globally, proving that he is "10% politician and 90% CEO."

Wedbush reiterated its overweight rating on Apple ( AAPL ), with a price target of $325.

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