Apple Inc. (NASDAQ:AAPL) has been making headlines recently, especially on Jim Cramer’s morning show. The tech giant’s stock has been struggling, losing 12.4% year-to-date and facing challenges in recovering from a 23% drop in April following President Trump’s tariff announcements. With a manufacturing base in China, investors are concerned about the impact of tariffs on Apple’s bottom line. Additionally, market perceptions of lackluster AI initiatives and worries about slowing iPhone sales have further contributed to the stock’s struggles.
Cramer has expressed his thoughts on Apple, questioning the company’s stock buyback program and pondering whether its P/E ratio is too high. In a recent statement, he asked, “What do we pay for Apple?” He also discussed the possibility of Apple’s stock dropping to 25 times earnings, emphasizing that it is currently a “share donor.”
Despite the potential of AAPL as an investment, some believe that other AI stocks offer greater promise for higher returns with limited downside risk. If you’re in search of an inexpensive AI stock that stands to benefit from Trump tariffs and onshoring, consider exploring a free report on the best short-term AI stock.
Overall, while Apple continues to be a significant player in the tech industry, investors and analysts alike are keeping a close eye on its performance and valuation. As the company navigates through challenges and strives to innovate in the ever-evolving tech landscape, the future of Apple remains uncertain yet filled with potential.
For more insights and analysis on Apple Inc. (AAPL) and other tech stocks, stay tuned for further updates and developments in the market. Story Continues.