Jim Cramer Reiterates "Own Apple, Don't Trade It"

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently shed light on. Reiterating his “own it, don’t trade it” policy for the stock, Cramer commented:

“The inability to reliably get back in is one of the reasons why I always say to own Apple, don’t trade it. Apple’s a great example. Let’s go into it. Think about the amazing company and its incredible stock. Sure, it’s down this year, okay, bad. Yes, it doesn’t have an AI strategy that’s yet self-evident. Siri may be even less intelligent than Alexa, the living embodiment of a computer with a lobotomy… As long as the iPhone remains the best phone out there, then selling Apple to buy it back later is a mug’s game.”

Apple Inc. (NASDAQ:AAPL) designs and sells consumer electronics, including smartphones, computers, tablets, wearables, accessories, and related services. It also provides subscription services including Apple Music, Apple TV+, and Apple Arcade. The company operates platforms such as the App Store and Apple Pay.

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Disclosure: None. This article is originally published at Insider Monkey.