At this point, there’s nothing under-the-radar about Apple Inc. AAPL 0.56% or its bevy of popular devices. Every investor is watching to see how the iPhone X will be received, and Apple’s 35 percent year-to-date surge is a sign that most people are confident it will be yet another success in Cupertino.

But while Apple is one of the most widely owned stocks in the market, many of its international suppliers are virtually unknown to American investors.

HSBC recently initiated coverage of Apple stock with a Buy rating, and analyst Steven Pelayoincluded the firm’s top seven international Apple supplier stock picks in the note as well.

“Our interest in Apple’s supply chain is not only for insights into Apple, but also to identify related investable opportunities,” he said. (See Pelayo’s track record here.)

Here’s a rundown of the full list:

• 1. Samsung Electronics SSNLF may be the only supplier on the list that U.S. investors recognize, and HSBC likes the stock because of its positioning in both hardware and software tied to artificial intelligence and autonomous vehicle technology.
• 2. SK Hynix OTCHXSCL is another top supplier with major exposure to both the AI and connected automobile markets.
• 3. LG Innotek supplies the duel-camera modules for both the iPhone X and iPhone 8 Plus.
• 4. Hon Hai Precision Industry Co., Ltd. HNHPF 4.15% may be the sole assembler of the iPhone X given its expertise in assembly quality.
• 5. Advanced Semiconductor Engnrng Inc (ADR) ASX 0.16% gets roughly 20 to 30 percent of its total revenue from Apple and is well-positioned to boost margins and beat 2018 earnings estimates.
• 6. Merry Electronics supplies…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!