Jim Cramer Talked About These 16 Stocks Recently

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 159

While discussing Apple Inc. (NASDAQ:AAPL), Cramer noted that the tariffs are hitting the company, as he said:

“I don’t even want to think about what’s happened to Apple because it dared to move some iPhone manufacturing from China to India. Trump’s hitting those phones with a 25% tariff because he wants them to be made in the US. From Apple’s perspective, it’s probably cheaper just to pay the 25.”

Apple (NASDAQ:AAPL) develops and sells a broad range of electronic devices, including smartphones, computers, tablets, and wearables, while providing various digital services, subscriptions, and payment solutions through its integrated platforms. On May 27, Cramer made some positive comments about the company’s CEO as he said:

“… The endless carping about how Tim Cook, the CEO of Apple, is missing the AI boat, and therefore Apple’s phones are falling behind, not something you felt if you bought the stock Friday, as the stock rallied five bucks today to get back over 200. Now I’ve been following this Tim Cook story for, I dunno, how about a decade now? How about over a decade?

People have said Apple’s falling behind since the iPhone 5…. I followed it through four watches, four sets of AirPods, all sorts of Macs. I recognize that Siri can be obtuse… Every company that’s spending hundreds of billions of dollars buying NVIDIA chips, scraping data, trying to understand it, and then sell it to you lacks one thing: customers, the 1.5 billion people who use an iPhone. Tim’s got the divisions, they just have to spend… Tim Cook will have the best, they’ll have the best AI. Cook’s North Star is client satisfaction, and over time, that strategy is a proven winner.”