Jim Cramer Says “Apple Should Have a Good Multi-Year Story to Tell”

Apple Inc. (NASDAQ:AAPL) is one of the stocks in focus in the game plan Jim Cramer shared. Cramer highlighted how he feels about the stock’s rally, as he remarked:

“After the close, we hear from two controversial stocks for different reasons, Apple and Amazon. They could not be in more different shapes right now… Apple though, a week and a half ago… I wasn’t worried about Apple because it hadn’t been moving. Now, I’m worried. This stock’s been bobbing along the trendline. Now, it’s exploded higher. I wish it had sure waited till the quarter because the expectations are, let’s say, huge. And that said, Apple should have a good multi-year story to tell, and I’m sticking by my own mantra, own Apple, don’t trade it.”

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Apple Inc. (NASDAQ:AAPL) designs and sells smartphones, computers, tablets, wearables, and accessories, including iPhone, Mac, and iPad. In addition, the company provides digital content and subscription services such as Apple Music, TV+, Arcade, and Pay.

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Disclosure: None. This article is originally published at Insider Monkey.