Jim Cramer on Apple: Why He’s Still Bullish
- Despite recent headwinds,Jim Cramer remains optimistic about Apple's prospects.
- Cramer also noted that Apple's Worldwide Developers Conference yielded few groundbreaking advancements, particularly in artificial intelligence.
- However, Cramer expressed confidence in Apple CEO Tim Cook and highlighted the company's history of strong rallies following periods of underperformance.
Jim Cramer is still bullish on Apple,despite facing headwinds. He acknowledges worries about tariffs and the pace of AI advancements, but remains confident in the tech giantS future. Cramer sees potential buying opportunities if Apple’s stock dips considerably, suggesting a target of around $180 per share. He highlights the company’s strong earnings growth rate, projected at 14%, compared to the S&P 500. Concerns include tariffs on Chinese-made goods and tepid earnings guidance. news Directory 3 provides an insightful viewpoint on these market movements. Cramer believes Apple becomes too attractive around 25 times earnings. Discover what’s next for Apple and how Cramer advises investors.
Jim Cramer still Bullish on Apple Despite Challenges
Updated June 27,2025
Despite recent headwinds,Jim Cramer remains optimistic about Apple’s prospects. He acknowledged concerns about President Trump’s tariffs on Chinese-made goods, where Apple conducts much of its manufacturing. These tariffs, along with potential tariffs on iPhones made outside the U.S., could significantly increase production costs.
Cramer also noted that Apple’s Worldwide Developers Conference yielded few groundbreaking advancements, particularly in artificial intelligence. He added that the company’s recent earnings guidance was “tepid,” and ongoing App Store litigation continues to worry some Wall Street analysts.
However, Cramer expressed confidence in Apple CEO Tim Cook and highlighted the company’s history of strong rallies following periods of underperformance. He suggested investors consider Apple’s earnings growth rate, projected at 14% for the current year, compared to the S&P 500’s 9.4% growth.
Cramer believes Apple’s stock becomes too attractive to ignore when it reaches around 25 times earnings. “There’s clearly a point where Apple’s stock becomes too cheap to ignore, and recent history says that’s around 25 times earnings…that means down about 20 points from here,” Cramer said.
What’s next
Cramer suggests that if Apple’s stock declines significantly, investors should consider it a buying opportunity, potentially around $180 per share.