Jim Cramer: Apple the greatest growth stock of our lives

“Throughout much of the 1980s and 1990s, there was much appreciation for the stocks of companies that delivered consistent growth, ‘Mad Money’ host Jim Cramer noted Monday,” Drew Sandholm reports for CNBC. “Since the dot-com bust began in 2000, though, the market preferred trades over investments. But Cramer said the ‘era of anti-investing’ is now over and the market has reverted to classic investing once again.”

“All this week, Cramer plans to highlight great growth stocks. He began by featuring technology titan Apple, which he called the ‘greatest growth stock of our lives,'” Sandholm reports. “Cramer said Apple has potential for multi-year growth that can easily be valued, such as its popular iMac, iPod, iPhone and iTV [sic] products.”

Sandholm reports, “Apple has a lot of upside, too, because many of its products aren’t yet dominant in their respective markets. Each of its products continues to take market share.”

Read more in the full article here.

21 Comments

  1. Every once and a while he comes up with a great insight.

    But at this late date, I would be careful that the bandwagon is getting pretty full and soon there will bo no room left.

    1. That’s what my corporate VP said when I suggested that he join me in investing in AAPL. “You’ve made 800% profit, but it’s too expensive for me now.” That was at $60.

  2. Apple now +$600B market cap.

    I’m sure Jim Cramer has been a very successful investor but he should drop his shtick because I wouldn’t want to take financial advice from someone acting like a 3rd rate breakfast show DJ.

  3. This should be a signal to investors – not traders – if there are any left, as an IMMEDIATE SELL SIGNAL given Cramer’s AWFUL TRACK RECORD for over a decade…

    This clown is one of the single most significant reasons that the individual investor LOST TRILLIONS in the late 1990’s and early 2000’s… SELL NOW.. SELL TODAY… SELL IT ALL..

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.