Cramer Says 'Hot Money' Flowing From Nvidia, Apple Into China, Focus On Alibaba 'If You Must'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 02 2024
0mins
Source: Benzinga
Cramer's Warning on Nvidia and Apple: Jim Cramer advises investors to let capital flow out of Nvidia and Apple, suggesting that their high valuations and recent performance may lead to short-term declines. He recommends considering short options and ETFs for these stocks.
Focus on Alibaba: Cramer highlights Alibaba as the only Chinese company with solid fundamentals worth investing in amidst the capital shift towards China, despite its regulatory challenges. He suggests cautious interest in Alibaba while allowing Nvidia and Apple to face potential pullbacks.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 299.240
Low
239.00
Averages
306.89
High
350.00
Current: 299.240
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, Wearables, Home and Accessories. Its services include advertising, AppleCare, cloud services, digital content, and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its wearables include smartwatches, wireless headphones, and spatial computers. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Growing Market Demand: Intel's next-generation 18A manufacturing process has entered initial production, with robust demand for central processing units supporting its business growth, which is expected to further enhance Intel's competitiveness in the market.
- Apple's Market Impact: The collaboration between Apple and Intel will provide the latter with stable demand, enhancing its reputation in the global consumer electronics market, while also potentially affecting its relationship with TSMC, further driving the development of the U.S. semiconductor industry.
See More
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