News: Jim Cramer Disputes Amazon and Apple Downgrades

Monday, 7 October 2024, 15:49

News from Jim Cramer highlights his counterarguments against recent downgrades of Amazon and Apple. Cramer addresses concerns surrounding Apple and the iPhone 16 launch while maintaining a bullish stance on both stocks.
Nbcnewyork
News: Jim Cramer Disputes Amazon and Apple Downgrades

Jim Cramer's View on Recent Downgrades

In the latest report, Jim Cramer has risen to challenge the downgrades of tech giants Amazon and Apple. He expresses skepticism about Jefferies' assessment, especially regarding Apple as they prepare for the launch of the iPhone 16.

Key Points on Amazon

  • Cramer questions the validity of Amazon's recent downgrade.
  • He highlights Amazon's strong business fundamentals and growth potential.

Apple’s Challenges and Opportunities

Cramer acknowledges that while Apple may experience some short-term challenges related to the iPhone 16, the company remains well-positioned for long-term success.

Conclusion

Investors should pay close attention to Cramer's insights regarding these tech stocks as they navigate through the current market landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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