Jim Cramer on Apple Inc. (AAPL): ‘These Gains Were Totally Gettable’
We recently compiled a list of the 10 Jim Cramer Stocks with Huge Upside Potential. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other Jim Cramer stocks with huge upside potential.
During the episode of Mad Money aired on Wednesday, Jim Cramer broke down what he considers some of the most effective practices for buying stocks.
“I want to pull back the curtain and show you how a professional looks for stocks to buy and knows what to sell. There’s no magic. There’s no hidden talent. Just a bunch of disciplines, disciplines that can help you try to make mad money if you master them.”
READ ALSO: 21 Stocks on Jim Cramer’s Radar and Jim Cramer’s Thoughts on These 13 Stocks.
Cramer stressed the importance of conducting thorough research before committing to any stock purchase. He emphasized that investors must truly believe in the stock they are buying, even if that belief is rooted in skepticism, so long as they are convinced the price will rise and that the stock deserves that rise. He warned, however, that conviction is not enough on its own when a stock has pulled back from its high. If the decline is unrelated to the company’s actual business, which he described as an “extraneous” reason, it may present an opportunity.
“Be certain you’re dealing with a momentarily damaged stock and not a troubled company that’s going down, down, down. How can you tell the difference between a damaged company and a damaged stock? The fundamentals haven’t changed, the stock probably hasn’t fallen from grace. It’s pulled back for mechanical reasons, profit taking, or some panic in the market in general.”
Cramer pointed out that modern markets are heavily influenced by highly levered hedge funds, which treat stocks like commodities. He said that such behavior leads to irrational sell-offs that can drag high-quality stocks down for reasons unrelated to their financial health. Still, he cautioned that once a stock’s fundamentals begin to shift, if the qualities that originally made it appealing no longer exist, then it is no longer suitable for inclusion in a portfolio.
For this article, we compiled a list of 43 stocks that Cramer was bullish on during episodes of Mad Money aired between April 24 and May 2. We narrowed the list to 10 stocks that were most favored by analysts. We listed the stocks in ascending order of their average analyst price target upside as of May 8. We also mentioned the hedge fund sentiment around each stock, which was taken from Insider Monkey’s Q4 database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A wide view of an Apple store, showing the range of products the company offers.
Average Price Target Upside: 20.61%
Number of Hedge Fund Holders: 166
Celebrating Mad Money’s 20th anniversary, Cramer highlighted Apple Inc. (NASDAQ:AAPL) among the 20 stocks that had the biggest gains over the past 20 years and said:
“Fourth place: Apple, up more than 14,500% since we went on air. The great thing about Apple is these gains were totally gettable, come on. This was the most obvious story in America for years and years. It’s much harder to own here because it’s under fire from the White House for sourcing most of its merchandise from China for the cell phones. But it’s still a terrific illustration of the fact that you don’t need to be a genius to pick winners in this business.”
Apple Inc. (NASDAQ:AAPL) designs and sells a variety of consumer electronics, including smartphones, computers, tablets, wearables, and accessories. The company also offers subscription services like Apple Music, Apple TV+, and Apple Arcade, and operates platforms such as the App Store and Apple Pay. On May 6, BofA analyst Wamsi Mohan reported that Apple App Store revenues for fiscal Q3, after 35 days, rose 11% year-over-year to $3.3 billion, based on data from SensorTower. For April, global App Store revenue grew 12% year-over-year. The analyst kept a Buy rating and a $235 price target on Apple shares.
Overall AAPL ranks 10th on our list of Jim Cramer stocks with huge upside potential. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.