Jim Cramer’s Game Plan: Top 14 Stocks to Watch

11. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

During the episode, Cramer talked about Apple Inc. (NASDAQ:AAPL), and here’s what he had to say:

“After the close, we have the most widely anticipated disappointment that I’ve ever seen. 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 advised against trading the stock, urging investors to hold onto it instead. He noted that Apple is an exceptional company with outstanding management and that any issues the company faces will eventually be addressed, even if the timing remains uncertain. Cramer emphasized that historically, it has been more beneficial to simply hold Apple stock rather than trying to trade it.

He also pointed out that his Charitable Trust has seen a remarkable performance with Apple (NASDAQ:AAPL) precisely because the company has control over its own future, which he said is easier to maintain when management is excellent and products are of the highest quality.