Jim Cramer's Stop Trading! Apple's Good for You

He also says Dell is a great story for the second half.
Publish date:


(AAPL) - Get Report

is still a core stock to own, and with a minor pullback taking place, it might represent a buying opportunity, Jim Cramer suggested Monday on


's "Stop Trading!" segment.

The maker of Macintosh computers and iPod music players is one of his new "four horsemen" of technology, along with

Research In Motion




(AMZN) - Get Report



(GOOG) - Get Report


"Demand is out of control for the iPhone," he said. Noting that shares of Apple declined a bit after CEO Steve Jobs spoke at the company's annual developers conference, Cramer said his "inclination is to buy on any weakness, but I need to know more."

The way to play it is to wait a day before buying the shares, he said.

Cramer also liked a call from Bear Stearns in which the firm raised its forecast for PC sales, and he said


(DELL) - Get Report

is a great story for the second half of the year.

"I would be a buyer of Dell here," he said. "I think Michael Dell's a winner."



(NUE) - Get Report

profit warning, Cramer said investors interested in the steel sector should seek out names that aren't connected to housing.

As for the soft forecast, he suggested it could be a case of "Nucor once again sandbagging us. It's a great American company."

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

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