Cramer: Let Others Sell Apple While You Hold It, Wait on Facebook

Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange. With shares of Apple (AAPL) trading lower following the company's latest quarterly results on Tuesday, many viewers ask whether the stock is a buy, sell or hold. Cramer said he always maintains to hold Apple. He called Apple's quarter one of the best he's ever seen and advised investors to let those dissatisfied with it sell the stock and get out of the way. He maintains he would like you to hold the stock, but no matter what, 'don't not own Apple.' Ahead of Facebook's (FB) earnings report next week, Cramer thinks investors should wait. Cramer explains that shares of Facebook just ran up in anticipation of the earnings results, and stocks that do that typically tend not to do well. One viewer asks Cramer if he prefers Citigroup (C) or Bank of America (BAC), which Cramer says is a very tough call. He says he likes both stocks, but emphasizes that he is a big believer in what Citigroup chief executive officer Michael Corbat is doing.