Jim Cramer is Recommending These 5 Stocks in April

2. Apple Inc (NASDAQ:AAPL)

Number of Hedge Fund Investors: 131

Jim Cramer said in his latest program that there’s a notion that Apple Inc (NASDAQ:AAPL) is “stuck” in a “no growth” mode. However, Cramer said you need to have “faith” in Apple Inc (NASDAQ:AAPL) as he believes the Tim Cook-led team will “come up with something” because that’s what they do for a “living.”

Orbis Global Equity Strategy stated the following regarding Apple Inc. (NASDAQ:AAPL) in its fourth quarter 2023 investor letter:

“Never before has following the crowd made so much money. Nor, in our estimation, so little sense. But just look at the opportunities the crowd has left for those of us willing to take a different view. We could wax lyrical about the glaring difference in value between Korean banks priced at 4 times earnings, versus Apple Inc. (NASDAQ:AAPL) at 28 times, despite diverging fundamentals—Apple is increasingly at risk of bans in China, while Korean banks could double their dividends.”