Jim Cramer Answered Questions About These 11 Stocks

6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer answered questions about. Playing the round of “Am I Diversified?”, a caller mentioned that their top five holdings are NVDA, CRWD, AAPL, GS, and HOOD. Cramer remarked:

“Interesting… We’ll do some, set some time on this. Alright, CrowdStrike, we know… amazing cybersecurity company. NVIDIA… That’s the largest semiconductor company in the world. Apple is a consumer product company that’s tech. Goldman Sachs is a boutique, but not so boutique anymore, bank, in other words, they’re not as big as Bank of America, not as big as JPMorgan, but they have an amazing brokerage business, and they’re terrific in their investment house. And then Robinhood, which does nothing like Goldman, people may say, well, wait a second, two brokers, this is for retail. Goldman is for the ultra-rich and for company. So they’re very different, and I don’t want anyone to confuse them.

Now, Apple and NVIDIA are both pure tech. I own Apple, and I say own it, don’t trade it. And I say NVIDIA, own it, don’t trade it. So I’m in a jam here myself. I am un-diversified because I own both of these, but I understand exactly why… [the caller] could feel I should be in it. A real classic person would say Robinhood and Goldman, get rid of one. NVIDIA, this is tricky to tell. NVIDIA, Apple, and CrowdStrike, get rid of two because… there are three tech and two fin. But I showed you how I divide them. So you understand why if you were playing, if you were doing this, say, for How to Make Money in Any Market, my five stock program, it would work for you. And that’s why I am teaching this way, because of the way we do it in How to Make Money in Any Market. And I think you’ll understand it and like the book and understand what we’re trying to accomplish here.”

Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line-up of wearables and accessories. The devices are supported by the company’s app ecosystem, AppleCare, and cloud tools.