Jim Cramer Says Despite Possible Downgrades, Apple Is ‘Alive and Well’
Jim Cramer says he's a faithful believer that the service and the customer satisfaction at 95 percent is what makes Apple great.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says he's a faithful believer that the service and the customer satisfaction at 95 percent is what makes Apple (AAPL) - Get Report great. And the new SE iPhone is selling better than people think. The one thing that is wrong he notes is that there are so may 'buy' ratings and absurd price targets on the stock. So expect that as the stock goes up analysts will downgrade stock. While the questions on the recent Apple conference call revolved around Apple being 'dead' Cramer says he sees Apple as 'alive and well.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
