10 Stocks Jim Cramer Discussed As He Blasted China’s Hostility Towards The US

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders In Q1 2025: 159

Apple Inc. (NASDAQ:AAPL) scored a major win yesterday after President Trump announced that the firm would be exempt from his latest set of semiconductor tariffs. Cramer has spent a lot of time discussing the firm recently, particularly in the context of its troubles with the Trump administration. He advised Apple Inc. (NASDAQ:AAPL) to spend money in the US to woo Trump, and in these remarks, he discussed Apple Inc. (NASDAQ:AAPL) first with CNBC’s Megan Costello and then with co-hosts David Faber and Carl Quintanilla:

“Okay so Meghan, despite the fact that they produce 19 billion chips in the US, that they’re opening 24 factories in the US in 12 different states, that they’ve probably been the most important if not the [inaudible] for TSMC, what do they need to do for the President to stop saying that those phones that are made in India must be made here?

“If I were Tim Cook I would say you know what those phones I was making in India, they’re not coming to the United States. I’m going back to taking the China ones, and we ought to cut the China tariff in order to be able to help Apple.

“Let’s say we saw some valuations this morning, OpenAI, ChatGPT, worth 500 billion. Perplexity we had worth 19 billion. Now so if Apple writes a check for what they made this month, for 25 billion, they get Perplexity and then we have a 250 dollar stock”

“Maybe they’re the largest taxpayer in the country, 75 billion in US taxes over the past five years. They’re the largest taxpayer.”