Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently expressed his thoughts on. Cramer weighed in on the company’s AI opportunity and criticized the bearish skepticism. He said:
“And Apple, well, Apple should be the stock that goes up the most because it has 1.5 billion users who want a chatbot built in. Maybe Apple can build one of their own, but any one of these other companies, especially some of the ones that are less relevant, would be willing to pay them a fortune to be installed as the default chatbot. If it’s all so clear to me, why are all these bearish experts out there pushing the idea that we’re simply repeating the mistakes of the dot-com era? Well, because it’s that, it’s a devastating criticism.”
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Apple Inc. (NASDAQ:AAPL) designs and sells iPhone, Mac, iPad, and a range of wearables and accessories, complemented by support, cloud services, and digital content through the App Store. Moreover, the company provides subscription services including Music, TV+, News+, Arcade, and Fitness+, along with payment solutions such as Apple Pay and Apple Card.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, 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.