Jim Cramer on Apple: “Bulls Like Me Were Considered Dreamers or Even Heretics”

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently commented on. Cramer noted that he is a “student of Apple,” as he remarked:

“Second story, equally well chronicled in How to Make Money in Any Market, is Apple. It’s about Apple and how some people seem dedicated to scaring you out of liking Apple… and it’s been very effective at causing shareholders to panic and sell one of the greatest long-term winners I’ve ever seen. In September of this year… the iPhone 17 was coming out… I was blown away by the new models. I question all those who told us these phones weren’t any good or were merely incremental or meaningless for an already flagging bottom line. These same critics were quick to point out that many good people were leaving Apple, so how could it be safe to own the stock?

Bulls like me were considered dreamers or even heretics because the very idea of owning this one seems so irresponsible. I don’t get this attitude. I didn’t need to be effusive. I could have been cold and circumspect. I chose not to be because I’m a student of Apple, its phones, and its CEO. Who are these other people?… What do they know? How about nothing? The stock’s been on a huge winning streak since September, almost straight up since we went to that factory. And the media that embrace these negative stories, they just want to pump out negativity to please their editors. We get one more price target bump just today. As club members know, I say own it, don’t trade it.”

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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.

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