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Jim Cramer's Stop Trading! Apple of His Eye

'Buy the heck out of Apple,' Cramer says on CNBC.


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chief Chuck Prince must go, Jim Cramer said Wednesday on CNBC's Stop Trading! segment.

Cramer said the fact that

Bank of America

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has now lapped Citi in market capitalization points up Prince's shortcomings as a banker. Cramer applauded Prince's progress on the regulatory front but said the bank has been floundering operationally.

Asked to compare the two names, Cramer said he would buy Bank of America because "it is a stock." He said Citi, given Prince's failure to take decisive action, is basically a bond. Cramer said Citi would jump 10% were Prince to leave.

Cramer also called


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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.

At the time of publication, Cramer had no position in stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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