THE SHARES: Down $2.37, or 13 percent, to $16.23 in heavy morning trading. Over the past 52 weeks, the company's shares have traded between $15.80 and $28.39.
The tech giant is well-positioned to offer powerful augmented reality features in its tenth anniversary iPhone that's expected to be announced later this year.
Cramer says FedEx will have a merry holiday season but he's avoiding Seaspan.
Stocks once considered free of risks aren't any longer, Cramer warns.