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Jim Cramer on Apple Inc. (AAPL): China Risks Create a Chess Game for Investors

We recently published a list of Jim Cramer Talks About Elon Musk & Discusses These 11 Stocks. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks that Jim Cramer recently discussed.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented that he believed that Elon Musk’s Department of Government Efficiency, or DOGE, would target wasteful government spending. Musk, during the latest earnings call of his car company, shared that he would soon step back from DOGE and return to managing his businesses. The news sent the shares of his firm soaring by 10% since the report, and media reports since then have also pointed towards disagreements between him and Treasury Secretary Scott Bessent.

Cramer commented:

“I’m beginning to think that, I thought Medicaid would be immune, look, do I want it to be immune? I don’t want anything to be immune. I kept hoping that DOGE would go after where the real money is, uh, Medicaid, that could hurt a bunch of companies. Medicaid, David, is bedrock.”

He also mentioned that businesses continued to face uncertainty when it came to the impact of tariffs. Recalling a recent conversation, Cramer outlined: “I was talking to someone today, he said look, we do business in China. How do you think we’ll do with the tariff, the 200% tariffs? I said no, that’s an embargo, that’s not a tariff. You don’t understand. . .that’s not meant to be used.”

The CNBC host also highlighted that perhaps markets opened in the green that day because “the President said nothing nasty. He’s not been vicious. He’s not called names.”

Cramer also commented on Vice President Vance’s visit to India and wondered whether the US could increase its coal exports to the country as part of the President’s bid to reduce the trade deficit. “I know India needs coal. We got coal,” said Cramer. “We are the Saudi Arabia of coal. And not anthracite cause that’s a little too dirty,” he added.

One sector that entered 2025 with high hopes but has faltered since then is data center. Data centers form the backbone of AI computing, and the stocks have struggled ever since the DeepSeek selloff in January. According to Cramer:

“Oh my god the data center, oh, remember when the data center was this growth industry where everything . . .woah, Amazon Web Services, actually not really. Microsoft, not really. But it doesn’t matter. The data center is now kryptonite, it’s like look out this thing, no, you don’t wanna be in here.”

When asked what would it take for investors to realize that data centers are still a growth industry, here’s what he said:

“You have to see the CapEx numbers and realize the CapEx numbers have not declined. And think that’s what’s gonna happen because I still think that there’s a tremendous, tremendous opportunity to be the number one search.”

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC’s Squawk on the Street aired on April 22nd.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders In Q4 2024: 166

Apple Inc. (NASDAQ:AAPL) is the world’s leading consumer technology company whose supply chain and product exposure to China has weighed heavily on the shares this year. The stock has lost 16% year-to-date but has gained 18.7% since the tariff selloff’s bottom. In his previous remarks about Apple Inc. (NASDAQ:AAPL), Cramer expressed uncertainty about the firm’s stock price due to mixed messaging on tariffs. Here are his latest thoughts:

“No, look, and I happen to like them very much. And I, we had sold some Apple at the beginning of the year. We sold some, we sold some last week at a great price. We told club members to get out. We had to take that horrible price yesterday because we have to be true to what we said. The people who were down on Apple I don’t know if they understood, that Apple would be the company that, that there are certain people in the White House who feel they want their cake and eat it too.”

“I don’t think America has turned on Apple or believes Apple is a bad actor. I simply believe that Apple did what every president would like them to do, since you know Steve Jobs. Whereas our current president wants to see what Hoover would have done.”

Overall, AAPL ranks 2nd on our list of stocks that Jim Cramer recently discussed. 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 doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about this cheapest 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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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

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  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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