We recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed.
Apple Inc. (NASDAQ:AAPL) has become a regular feature of Cramer’s morning show over the past couple of months. The firm’s disappointing share performance has caught the CNBC host’s attention. Apple Inc. (NASDAQ:AAPL)’s stock has lost 12.4% year-to-date as it struggles to recover from a 23% drop in April after President Trump’s Liberation Day tariff announcements. The firm’s manufacturing base in China has been a significant pain point as investors have continued to question the impact of tariffs on its income statement. Apple Inc. (NASDAQ:AAPL)’s stock has also struggled due to market perceptions of lacklustre AI initiatives and concerns about slowing iPhone sales. In his previous remarks, Cramer has defended the firm but dismissed its stock buyback as inadequate. He also wondered if Apple Inc. (NASDAQ:AAPL)’s P/E ratio is too high. The valuation continues to remain on his mind as he commented:
“Now the one that we have to watch is Apple. What do we pay for Apple?”
Previously, he discussed Apple Inc. (NASDAQ:AAPL)’s share P/E ratio and revenue:
“Apple, which cannot get out of its own way. And I think probably could go down to 25 times earnings. Which is a substantial decline. Apple’s a share donor. It’s a share donor.
A wide view of an Apple store, showing the range of products the company offers.
“[On why Apple stock should be bought] No I’m not going to because I think the multiple’s too high.
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