Apple Inc. (AAPL): "Own It, Don't Trade It," Maintains Jim Cramer

We recently published 13 Stocks That Jim Cramer Discussed. Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed.

Apple Inc. (NASDAQ:AAPL)’s shares have turned a leaf over the past month as they have benefited from the firm announcing an additional $100 billion investment in the US. Media reports suggest that the investment has removed some of the friction between the firm and the Trump administration. In his previous comments about Apple Inc. (NASDAQ:AAPL), Cramer has remarked that while China continues to be a “wildcard” for the firm, it will nevertheless continue to find a way to make money. Here are his latest thoughts about Apple Inc. (NASDAQ:AAPL):

“[On a downgrade by DA Davidson] Yeah, but you know you got a, I always like to look at the different companies’ records. . . Davidson obviously Buy to Hold, Apple. He’d upgraded June 11th 2024, 196. But on June 5th 2023, 179, he downgraded to Neutral. In other words, when you look at these guys, you’ve got to take them into context.

“I say own it, don’t trade it and he’s trading it. Trading it has been one of the worst things you can do. And our viewers need to know that.”

While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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