Jim Cramer Says Apple Is a Great Value Play
Jim Cramer said while expectations for Apple's quarterly results, have already been lowered, the most important thing for investors is to get in ahead of the iPhone 7 release.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said that while expectations for Apple's (AAPL) - Get Report quarterly results, due after the closing bell on Tuesday, have already been lowered, the most important thing for investors is to get in ahead of the iPhone 7 release and any updates to the Apple Watch the tech giant may be planning. Cramer said, 'I'm looking for a new iteration of the watch that you don't need the iPhone for. Maybe longer battery life. That would be terrific.' Cramer believes at the end of the day that shares of Apple could be looked at as a 'value play.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
