We recently published a list of Jim Cramer Discusses Melting Trade Tensions & These 12 Stocks. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks that Jim Cramer discusses.
Apple Inc. (NASDAQ:AAPL) is one of Jim Cramer’s favorite stocks. While he has long held the opinion that viewers should hold the stock and not trade it, recent events have made him wonder whether the shares can outperform. In his previous appearances, Cramer has commented that Apple Inc. (NASDAQ:AAPL)’s AI appeared to be falling behind the curve and added that President Trump might not care that the firm plans to shift iPhone production from China to India. Here are his recent remarks about Apple Inc. (NASDAQ:AAPL):
“Tim Cook is not certain that the coverage, no let me back up, I’m just saying, who would like that coverage? . . .well, how about the fact that there have been other years. Maybe it should be an accumulated body of work.
“How about you do what Jensen Huang did? He took a very big write-off, took a 5.5 billion dollar write-off and said you know what, I’m getting out just like the President wants. Uh, I think Tim Cook has every right to try to say look I thought I was playing by the rules. Let’s have some more negotiations. But I also think if I were Tim Cook, I would find some way to yes indeed make some of the iPhone in the United States, beyond the glass which they support from Corning. You have to give the President something.
“Then maybe you have to revitalize the supply chain. We know that everybody says it’s a three thousand-dollar phone. You gotta take the hit . . the India hit is easier to take.
“I thought the Ben Reitzes piece, once again, this fellow from Mellius, he is constructive. And he made me feel like you know what before you just decide to sell the stock or give up, understand that there’s courses of action. And I also rebel at the idea, that this has been, we gotta roll back our view of Tim Cook. Tim Cook has created the greatest product in history that we all love. With the highest customer satisfaction. And what do people want? They want the car that drives on water, they want the gun that shoots around the corner. People want things that are just, that you can’t. You’re not gonna get that.
“Everyone has this loser phone that they put their pictures on and they press the apps and they pay a little money for the apps. And what a ridiculous thing. You know give me a flip phone. I mean what the f, I mean come on. I mean I read these articles. Every one of them is written on this or is talking to this. I mean I am. . . .what phones are these critics using?”
A wide view of an Apple store, showing the range of products the company offers.
“The Epic is real. I don’t like that and I believe that legally that, that will prove to be wrong. That Epic’s going to have to pay. But I did my due diligence with the lawyers, I think they lose, I think Epic loses that case. . . take off the 30 cents. The dollar that you might lose, if Alphabet’s not allowed to pay 20 billion, that’s real. That’s real. I think buck twenty. But I do point out that Tim Cook’s not been a first mover. He’s been a best mover. Let’s just hear the simple things. And it’s not going to be that lucrative, but let me just use it as a metaphor. Apple+. It’s starts, it’s like ohhh the morning show, whatever. I now watch a huge percentage of Apple+. And if you’re not watching Jon Hamm as a hedge fund manager, shame on you!”
Overall, AAPL ranks 3rd on our list of stocks that Jim Cramer discusses. 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.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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