This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cramer's 'Mad Money' Recap: Apple's Shining Example (Final)

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on

NEW YORK ( TheStreet) --

"Apple is a living, breathing example of why capitalism is worth cheering about," Jim Cramer told his "Mad Money" TV show viewers Wednesday, "and it puts our government to shame."

He said our government can learn a lot of things from Apple and proceeded to compare Apple (AAPL), a stock which he owns for his charitable trust, Action Alerts PLUS , to the U.S. government in a number of key areas.

First, there's debt. He said that while our nation is deeply in debt, Apple has none. Moreover, the company has an incredible $76 billion in cash on its books. Cramer said he's not worried, as are some, that this money is not being put to good use. He said Apple's cash hoard gives it a position of power, and the ability to pounce on opportunities as they arise.

Then there's leadership. Cramer said that while many believed Apple was a one-man show, it's clear now that Apple has an established, nurturing culture of leadership and innovation that will last for years to come. Our government, on the other hand, knows only partisanship and anger, said Cramer.

>>Get Jim Cramer's commentary on the go with TheStreet iPad app.

Looking at trade, Cramer said that it's clear that Apple is taking market share, leaving rivals like Nokia (NOK) and Research In Motion (RIMM), which are just shadows of their former selves. Contrast that to our government, which uses protectionist tariffs and trade barriers to protect a multitude of industries from foreign competition, he said.

Finally, Cramer compared the outlook for both. He said that Apple's conference call was filled with new things to come: a new operating system, a new cloud service, a new iPhone coming soon, etc. He said the company is filled with hope and opportunity. Meanwhile, many believe the U.S. has seen its best days, and that the next generation may not be as well off as this one.

Cramer said it's hard to think of Apple as just a stock, but since it is, it deserves a price target of $500 a share.

1 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs