Apple Inc. (NASDAQ:AAPL) was among the stocks Jim Cramer covered on Mad Money as he discussed the wave of IPOs being the market’s possible biggest threat. The company was mentioned during the episode, and Cramer said:

I’d love to hear that the hyperscalers who want to spend more are already getting a return… If they aren’t spending, they better have a plan for more compute. Or they can be like Apple, perhaps. Only, there’s only one Apple. They report Thursday. Thanks to its huge user base, Apple can lean on Google Search and Gemini chatbot in a seamless fashion. They don’t need to spend a ton of money.

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Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line-up of wearables and accessories. The devices are supported by the company’s app ecosystem, AppleCare, and cloud tools. Presenting his game plan on April 24, Cramer said:

After the close, Apple reports. This is a solemn moment for those of us who think Tim Cook’s one of the greatest CEOs of all time. Tim’s handing the reins to John Ternus. He’ll become executive chairman effective September 1. What a run. I think Apple’s doing exceptionally well, and I think it’s got enough momentum to last through the end of the year. New phones, foldables, along with the very strong iPhone 17 line, should keep this thing going higher. I say own it, don’t trade it.

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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