Keep an eye on Apple (AAPL).

For one, analysts at Bank of America say the stock could soar 36% as it nears the launch of its artificial intelligence-enabled iPhone. The firm also reiterated its buy rating, with a price target of $225, noting that much of the weakness with expected earnings has been priced in.

Two, the company just announced it will hold an event on May 7, “amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month,” according to Reuters. And three, the company is nearing its Worldwide Developers Conference (WWDC) in June, where it’s expected to unveil new artificial intelligence-enabled products.

Even better, Apple is insanely oversold at support dating back to May. We expect for the tech giant to bounce ahead of its two nearing events.