Jim Cramer: I Still Like Apple, Facebook and Alphabet Under Trump

Jim Cramer says he still likes Apple and Facebook under a Trump administration even though Silicon Valley has long had a prickly relationship with the president-elect.

Author:: Jim Cramer
Publish date:: Jan 18, 2017 11:37 AM EST

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says, "Alphabet (GOOG) - Get Report , (GOOGL) - Get Report trades at a below-market multiple. Facebook (FB) - Get Report 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) - Get Report 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.