5 Best Jim Cramer Stocks To Buy Today

1. Apple Inc. (NASDAQ:AAPL) 

Number of Hedge Holders: 138 

Apple Inc. (NASDAQ:AAPL) tops our list of the best Jim Cramer stocks to buy today. It is an American multinational company that specializes in smart devices and also offers software services to its consumers. 

In Q2 2021, Apple Inc. (NASDAQ:AAPL) reported revenue of $81.4 billion, showcasing a 36.4% year-over-year growth. The company’s market share in personal computers stands at 9.3% as the Mac shipment grew by 14.4% to 7.8 million units during the quarter. In October, Morgan Stanley lifted its price target on Apple Inc. (NASDAQ:AAPL) to $168, while keeping an ‘Overweight’ rating on the shares. In the past year, the stock gained 15.43%. 

As of Q2 2021, 138 hedge funds tracked by Insider Monkey have positions in Apple Inc. (NASDAQ:AAPL), up from 127 in the previous quarter. These stakes are valued at $145.5 billion. With over 887 million shares, worth $121.5 billion, Berkshire Hathaway is the company’s leading shareholder.

ClearBridge Investments mentioned Apple Inc. (NASDAQ:AAPL) in its first-quarter 2021 investor letter. Here is what the firm has to say:

“As we actively manage holdings and position sizes, we look to regularly recycle capital into more compelling opportunities. Maintaining our valuation discipline, we sharply reduced our position in Apple, whose shares more than doubled following our initial purchase in mid-2019 with an earnings multiple rising from the low-to-mid teens to nearly 30x.”

You can also take a look at Cathie Wood Is Selling These 10 Stocks and 10 Best EV Stocks to Buy According to Cathie Wood

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