Jim Cramer on Apple: “I Say Over and Over, Should Not Be Traded, Just Owned”

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer shared his opinions on. Cramer reiterated that the stock should “not be traded, just owned.” He commented:

“I figured they’d only reward disciplined investors who stick with Apple as long as it offers the best products. That’s been the thesis, and these are still the best products. Apple kept the faith of the committed investor, including my Charitable Trust, where I’ve demonstrated my fidelity for years… But I was up against a negative narrative… It owned the media, subjecting you to a constant barrage of pessimism about Apple that would make all but the most stalwart owners, or maybe the coolest ones, check out of the stock…

This morning, the Apple bulls at last took charge of the story. The stock shot up more than 4% in response… Unfortunately, as I explained in my book, the constant deluge of negativity that passes for research on Apple scared most people away. I hope it didn’t scare you away from the stock. So I don’t know how many people ultimately got to the promised land of profits. Those who say trade it, don’t own it, got blown out. Once again, another reason why the classic growth stocks, as I say over and over, should not be traded, just owned.”

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Apple Inc. (NASDAQ:AAPL) designs and sells iPhones, Macs, iPads, wearables, and accessories, alongside services like AppleCare, iCloud, App Store, and Apple Pay. The company also provides subscription platforms, including Apple Music, Apple TV+, Apple Arcade, and Apple News+.

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