Jim Cramer Says Apple’s (AAPL) A Winner In Mega Cap Stocks

We recently published 5 Stocks That Were On Jim Cramer’s Radar As He Discussed AI. Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed.

Since the iPhone 17 launch, Cramer has discussed Apple Inc. (NASDAQ:AAPL) regularly on his morning show. He continues to assert that consumer interest in the iPhone 17 launch is quite strong. More recently, he also commented on media reports suggesting that Intel had asked Apple Inc. (NASDAQ:AAPL) for an investment. In a Mad Money episode, Cramer even pointed out that while the firm could build Intel’s foundries, it wasn’t “Apple’s area of expertise.” This time, he discussed Apple Inc. (NASDAQ:AAPL)’s product reception and the shares’ overall relation to mega-cap stocks:

Jim Cramer Says Apple's (AAPL) A Winner In Mega Cap Stocks

“Well, David, Carl, this Apple decline, I don’t know. After what I saw last night in Japan, I think that you can take a breather if you don’t want to buy, it was up yesterday. But this 17 is a worldwide sensation and we have to start noting the fact that Apple is the winner right now of what I regard the mega caps. And that’s because it hasn’t spent a fortune but it may get they get to be a beneficiary of everybody else spending a fortune. So let’s keep that in mind as people sell it and take profits.”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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