Jim Cramer Discussed These 12 Stocks Recently

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Cramer said that Apple Inc. (NASDAQ:AAPL) is under similar kind of pressure from the Chinese Communist Party as it did from the US Justice Department.

“We’re worried about Apple now, which has to be one of the largest employers in the entire People’s Republic. The Chinese Communist Party is now going after Apple for the service dream almost as hard as the US Justice Department did under Biden.”

Apple (NASDAQ:AAPL) designs and sells a wide range of consumer electronics, including smartphones, computers, tablets, and wearables, along with various accessories and services. It also offers subscription-based services like Apple Music, Apple TV+, and Apple Arcade, and operates platforms such as the App Store and Apple Pay. Earlier in January, Cramer said:

“I’m about to be facetious. I want you to hear this. It’s facetious but here’s what we’re gonna hear. Let’s see. We have horrendous Chinese cell phone orders, no lift from new AI, a surprising slowdown in service revenues, lackluster Vision Pro sales, and of course, a radical chop to the forecast for the rest of the year, all way below the consensus. There, that’s everything I’ve heard about Apple for the last two weeks.

Since the year began, I just keep hearing that over and over again but if everyone knows it’s gonna be worse than expected, can it still be worse than expected? How could it be a surprise if everyone expects the worst and we get the worst? Will the stock still get clocked? Kind of, yeah because Apple’s priced for slightly better-than-expected set of numbers and we won’t get one but so why not dump it?”

Cramer recommended holding Apple (NASDAQ:AAPL) stock, highlighting the company’s strong management and the long-term benefits of keeping it rather than trading.