NEW YORK (TheStreet) -- Shares of Apple (AAPL) - Get Report have been stuck in a rut, down 2% over the past month and 14% over the past three months. 

Even when analysts defend the stock and reiterate their bullish stance, the share price doesn't move higher, said TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Mad Dash" segment. 

This trend concerns Cramer but he is not changing his long-held stance that Apple is "a good one to own, not trade." 

Apple stock has a low valuation, Cramer insisted. It seems like investors are selling it in order to raise capital for other investment opportunities but shares will likely to regain momentum at some point -- athough it could be a few more months before that happens, Cramer noted. 


Apple AAPL data by YCharts

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Turning to the natural and organic food industry, Cramer said there is chatter about consolidation and buyouts. One such rumor involves The Fresh Market (TFM)

The company may attempt a leveraged buyout, which could push shares into the $30s, he explained. The Fresh Market -- and others in the sector including Whole Foods Market (WFM) -- have very strong balance sheets, so it is something to consider. 

But Cramer warned investors how tricky LBOs can be, and that it may not be something that materializes for The Fresh Market. The industry remains under pressure thanks to increased competition from its larger, supermarket peers, he concluded. 

At the time of publication, Cramer's Action Alerts PLUS had a long position in AAPL.