Jim Cramer Discussed These 11 Stocks Before The DeepSeek Sell-Off

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5. Apple Inc (NASDAQ:AAPL)

Number of Hedge Fund Holders In Q3 2024: 158

Apple Inc (NASDAQ:AAPL), the firm behind the iPhone, weathered the storm on Monday amidst the DeepSeek sell-off. Its stock made negligible losses compared to enterprise AI companies. The reason why Apple Inc (NASDAQ:AAPL) became the most valuable company in the world again while others floundered is because it hasn’t invested billions of dollars into AI. Instead, when it comes to AI, Apple Inc (NASDAQ:AAPL)’s exposure is primarily to the consumer side of the technology courtesy of its products. Cramer’s comments revolved around the upcoming earnings report:

“Look when you come in everyday and Apple is down. That is saying something! That’s people saying you know what, I’m not putting the money in Apple anymore. I’m going to take that money, which was the largest company on Earth, look at that, look at that [points to share price graph]. That’s what I’m talking about. That’s not the leader.”

“[When told he was trying to defend the stock] No I said it’s gonna come down, I said it’s a weak quarter, not only that but they guide lower.”

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