Jim Cramer Picks Apple as the Quarterback of His Fantasy Stock Portfolio

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer picked for his fantasy stock portfolio. Cramer called it the quarterback of the portfolio, as he said:

“Starting with the all-important quarterback position… And that’s why I’ve long said that Apple, the original ‘own it, don’t trade it’ stock, is like the quarterback of your portfolio. Now, Apple ended up being one of our worst performers in our fantasy football stock basket over the past year, with a measly mid-single-digit gain, barely trailing the S&P 500, but you know what? I’m not going to be easily shaken off Apple… It doesn’t bother me. The stock’s in fantastic shape again. You know, it’s up over 41% from its lows. The company seems to be back in the good graces of the Trump administration. The judiciary hasn’t blocked them from taking billions of dollars to make Google their default search engine.

And Apple sales are growing again. That’s why it remains a huge position for our Charitable Trust. As long as they can keep doing pay-to-play, where you don’t have to worry about the company’s AI strategy, well, they’ll just do what they did with Search and make a fortune in the process. Maybe it’s more than 20 billion a year from Google. So who’s the NFL equivalent of Apple this year? Oh, I’ve got an outside-the-box pick this time… Cincinnati Bengals quarterback Joe Burrow… I’m expecting big things from both of them.”

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Apple Inc. (NASDAQ:AAPL) designs and sells smartphones, computers, tablets, wearables, and accessories. Moreover, the company offers cloud services, digital content platforms, and subscription-based services. It also provides payment solutions, advertising, and customer support.

While we acknowledge the risk and 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. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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