Jim Cramer Sounds the Alarm on China Rhetoric and Dollar Panic Then Analyzes 11 Key Stocks

10. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund holders: 166

Jim Cramer spoke extensively about Apple Inc. (NASDAQ:AAPL) in the context of escalating U.S.-China trade tensions and the existential threat tariffs pose to the company’s supply chain and margin structure. He emphasized how vulnerable Apple is compared to competitors like Samsung, especially when government policies appear to be more favorable to foreign players. Here is what he had to say:

“Look, I can’t tell what really happened with Apple, other than the fact that if you wanted to take Apple down, you’d keep doing what they were doing. And the reason I say that, very specifically, is because Apple is a loser to Samsung. […]

[Discussing Commerce Secretary’s stance on Apple] So it was really punitive against Apple. And as if the $500 billion they were going to spend here really didn’t matter. I do believe that there’s a certain sense in the White House that Apple hasn’t really spent from the last time it said it was going to do a lot in America, because it’s not shovel. They want shovel.”

A day earlier, Jim Cramer analyzed some of the risks that Apple Inc. (NASDAQ:AAPL) faces with the current regime. Here’s what he said last time:

“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?”