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Top analyst: Buy Apple on iPhone demand surprise

A customer holds boxes of the new Apple iPhone 6S while waiting to check out at an Apple store in Palo Alto, Calif.
David Paul Morris | Bloomberg | Getty Images
A customer holds boxes of the new Apple iPhone 6S while waiting to check out at an Apple store in Palo Alto, Calif.

Editor's note: TipRanks is a tech company that ranks analysts and financial bloggers based on their picks' performance.

One of Wall Street's best analysts says investors should buy Apple on better-than-expected iPhone demand.

Picks by Morgan Stanley's Katy Huberty have a 16 percent one-year average return with a 62 percent success rate. She is ranked in the top 2 percent of all Wall Street analysts, according to TipRanks.

Here's why the analyst is bullish on the stock.

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