We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Apple Inc. (NASDAQ:AAPL) is one of the stocks discussed by Jim Cramer.
Consumer electronics giant Apple Inc. (NASDAQ:AAPL)’s shares are up by 47% over the past year and by 9.9% year-to-date. Several analysts have discussed the firm in June. For instance, Bernstein reiterated an Outperform rating and a $350 share price target on June 9th. The financial firm commented that the firm’s WWDC conference marked a key step towards AI monetization. It added that Apple Inc. (NASDAQ:AAPL) had also partnered with Google for its foundational AI models. On the same day, Maxin raised the share price target to $350 from $310 and outlined that it was optimistic about Siri’s future. Another aspect of Apple Inc. (NASDAQ:AAPL) that’s being discussed these days is the firm’s chip manufacturing plans. Cramer discussed President Trump’s claim that the firm had partnered up with US chip giant Intel:
“I know i pushed club members hard yesterday to buy Intel, I have not been able to confirm the Intel-AAPL deal that the president posted about in Truth Social. Hold on!”
Jim Cramer Discusses President Trump’s Big Announcement For Apple (AAPL)
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While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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