TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said Apple is an inexpensive stock. ‘I’m certainly not going to tell people to get out of a stock that sells at nine times earnings that has a new phone coming up that we don’t know what’s in it but more people are going to own it,’ Cramer said. Apple is set to hold its Worldwide Developers Conference (WWDC) on Monday and is expected to introduce plans to incorporate Siri into the rest of the Mac platform. Apple is a holing of Cramer’s charitable trust, Action Alerts PLUS.
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