TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says, "Alphabet (GOOG) , (GOOGL) trades at a below-market multiple. Facebook (FB) on 2018 numbers trades at a below-market multiple. These are fascinating to me."
But Cramer, whose charitable trust owns Alphabet, Facebook and Apple (AAPL) shares, told members of his Action Alerts PLUS investment club that Apple "is uniquely a situation that I want to own." He said that while CEO Tim Cook is "concerned like every CEO is every CEO is worried about a [hostile Donald Trump] tweet, I don't think that Apple is one I would want to sell."
After all, Cramer noted that AAPL currently sells at just 13x its earnings. He also pointed out that the tech giant has about $40 a share in cash outside of the United States at a time when Trump is promising to cut taxes on repatriation of such corporate funds.