Did Jim Cramer Nail or Miss These 14 Stocks?

Page 2 of 14

13. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

The iPhone maker, Apple Inc. (NASDAQ:AAPL), remains one of the most valuable companies in the world, known for its consumer electronics and software ecosystem. In that older episode, Cramer was cautious in the short term but supportive long term:

“This could trade down to $160, its 52-week low, because the company thought to have no growth or may actually have down revenues. If the latter comes true, Apple will actually have a hard time staying at 160. […] but Apple does have two things going for it. First is the developers Conference in June where we might hear about some new exciting stuff and arguably more important we’ll see if management embraces Jensen Huang’s vision of the Vision Pro as an Omniverse-enabled tool for the enterprise not just the consumer product.”

Apple Inc. (NASDAQ:AAPL) has climbed 29.84% since that episode, validating Cramer’s long-term bullish stance.

As of March 2025, Apple is struggling to regain investors’ confidence after the company failed to deliver on its promises regarding Siri and its “Apple Intelligence”. Here’s what Cramer said about it on the 21st of March:

“We’ve had a series of pieces about how Apple’s struggling with Siri. There’s no doubt about it. There is a Siri gate going on. There were some firings. But the fact is this that there were too many people in Apple. Now I think that Apple is a great stock but I recognize when something’s going to go lower.”

Page 2 of 14