Jim Cramer Hints at a Bigger Agenda Behind Tariffs and Breaks Down These 7 Stocks

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Once again, Cramer expressed deep concern over Apple Inc. (NASDAQ:AAPL), calling attention to the company’s vulnerability in China. He framed Apple not only as a target of tariffs but as collateral damage in a broader geopolitical battle between the U.S. and China. He repeatedly questioned why American companies like Apple were being punished while foreign competitors like Huawei and Samsung stood to benefit. Here are his remarks:

“And I think that one of the things that’s happening is that people are just saying, look, it’s too crazy. I mean, Apple was up. Now, I could argue that Apple shouldn’t have ever been up, but Apple’s come down. There’s a sense that, like, OK, this thing may be for real. And if it’s real, then how can you own Apple? Why not go buy Samsung?

[on 18% of Apple’s sales coming from China] That’s existential for Tim (Cook). […]  Well, they can’t move to India faster.

[On speaking with people from Trump’s administration] When I speak with them, I’m viewed as being a, someone who is a lapdog to Apple. And I resent that. I think that Apple’s one of the greatest companies. […]

Is Apple not the greatest? One of the four-five greatest companies in the world. So why are they being punished? What did they do wrong?”