Jim Cramer: Apple Computer is the ‘buy of the century’

On Wednesday’s CNBC Stop Trading! segment, Jim Cramer “called Apple (AAPL) the ‘buy of the century’ at a recent $90, saying he believes its iPhone device will capture the lucrative ring-tone market. ‘Buy the heck out of Apple,’ he counseled,” TheStreet.com reports.

Full article here.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com’s sites and serves as an adviser to the company’s CEO. He is also the host of CNBC’s “Mad Money” and CBS’ RealMoney Radio With Jim Cramer, and the author of several books, including Jim Cramer’s Real Money: Sane Investing in an Insane World. Cramer also runs Action Alerts PLUS.

A frequent contributor to Time magazine, Cramer also writes about the stock market for New York magazine, was a founder of and former columnist for SmartMoney magazine, and helped found American Lawyer magazine. Cramer worked at Goldman Sachs from 1984 to 1987.

Cramer graduated from Harvard College in 1977, where he was president of The Harvard Crimson. He was a journalist for four years before earning a law degree from Harvard Law School in 1984.

Related articles:
Bear Stearns raises Apple price target to $100 – November 29, 2006
S&P reiterates ‘Buy’ on Apple Computer, raises price target to $110 – November 29, 2006
Apple shares rise to record as Mac, iPod sales surge – November 28, 2006
UBS ups Apple Computer target price to $108 – November 28, 2006
ThinkEquity reiterates ‘buy’ rating, raises Apple price target to $110 – November 27, 2006
Analyst sees strong sales of Apple iPods over three-day kick-off to holiday shopping season – November 26, 2006
Apple Computer shares hit new all-time high for fourth straight day – November 24, 2006
Banc of America raises Apple Computer price target, reiterates ‘buy’ rating – November 24, 2006
Apple shares continue upward surge; hit new all-time highs in morning trading – November 24, 2006
Apple Computer shares crack $90, hit new all-time high for third straight day – November 22, 2006
Apple shares hit another new all-time high – November 21, 2006
Expert: ‘Apple will be a triple-digit stock in a matter of months’ – November 21, 2006
Apple shares hit new all-time high – November 20, 2006

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