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Cramer: Possible Analyst Downgrades Coming on Apple, But You Should Still Own the Stock

June 10, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer says he’s a faithful believer that the service and the customer satisfaction at 95 percent is what makes Apple great. And the new SE iPhone is selling better than people think. The one thing that is wrong he notes is that there are so may ‘buy’ ratings and absurd price targets on the stock. So expect that as the stock goes up analysts will downgrade stock. While the questions on the recent Apple conference call revolved around Apple being ‘dead’ Cramer says he sees Apple as ‘alive and well.’

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