“The problem with Dell and Nokia is that no one wants their products. They can’t announce that to shareholders, so they blame weaker global economies. Apple, on the other hand, can’t seem to keep its shelves stocked. Put simply, Steve Jobs runs a much better company. And that’s why Cramer expects a great earnings report next Tuesday,” Tom Brennan reports for CNBC’s Mad Money recap.
“In my opinion, as a grizzled veteran of the markets,” Cramer said, “we will hear that things are bright and sunny where Apple’s sitting.”
Brennan reports, “He urged viewers to keep this in mind going forward. Don’t let underperformers scare you out of the stocks that work, such as Apple. In fact, Cramer recommended buying AAPL ahead of the report.”
Full article here.