You don’t have to be a pro to understand why Apple is still a good investment; in fact, you are better off being a motley fool even if you watch CNBC.
On Jan 28, 2015 Jim Cramer called it an investment of lifetime; a stock that will rise again this year. Apple was trading at $115.31.
Now, fast forward six months, Apple again announced blow out earnings in July and stock rose briefly and then started sliding..and went back to same price $115.31 today.
You may be surprised that Jim Cramer has different opinion about Apple now. May be that he forgot what he said on January 28th. He wants you to stay away from Apple.
I bought more Apple shares today at $115.31.
-Shilpan
I like Apple for a long-term investment, too. I wonder what is Cramer’s deal for going back and forth on Apple? Surely not that much could have changed in that time.