Jim Cramer Recently Shed Light on These 13 Stocks

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4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 159

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently shed light on. Cramer discussed the company’s announcement to increase its commitment to $600 billion. He said:

“Or how about Apple, another Charitable Trust holding? You know what I say about that one, I say hold it, don’t trade it… This has been a stock that’s been left for dead after a very good quarter because it has no AI strategy… The President wants the biggest deal of all time ever, I mean, like ever in… the history of all deals. Sure enough, Tim Cook announced today that Apple will increase its commitment to $600 billion and will support a new American manufacturing program… And the president is appeased. Now, you may say, is this all incremental? I say, who cares? If this immunizes Apple from tariffs from China or India, because the big man has finally gotten the number he wants, well then, so what? So be it. The shorts will have to cover, which they were doing all day, by the way, hence, the stock’s 5% gain.”

Apple Inc. (NASDAQ:AAPL) designs and sells devices like the iPhone, Mac, iPad, and Apple Watch, alongside accessories and cloud-based services. Additionally, the company provides subscription platforms for music, video, news, fitness, gaming, and payments, among others.

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