TheStreet’s Jim Cramer is keeping an eye on Apple (AAPL) and Twitter (TWTR) as the two companies prepare to post quarterly results next week. For Apple, Cramer says there’s a lot to look for: the Apple Watch orders, Apple Pay, maybe we’ll also hear about Apple TV, and of course the iPhone. He expects the iPhone numbers to be remarkable. Cramer says the key thing about Apple is that it’s still a very low multiple stock and that’s why he stays drawn to it. As for Twitter, Cramer says he’s seen big insider selling at Twitter but there’s a report in Fortune saying that the insiders have cancelled their sell programs. If indeed they have walked away and have that level of conviction, he thinks Twitter CFO Anthony Noto is going to tell a terrific story. Cramer says Apple will be good and Twitter will be good. But most importantly, he urges investors not to trade Apple and get long Twitter. Both Apple and Twitter are core holdings in Jim Cramer’s Action Alerts PLUS charitable trust portfolio.
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