Reported about 6 hours ago
Jim Cramer has raised concerns about Apple Inc. (AAPL) as its stock has dropped 12.4% this year, following a significant decline triggered by tariff announcements. He noted that investors are wary of Apple's performance due to issues like manufacturing challenges in China, disappointing AI initiatives, and falling iPhone sales. Cramer questioned whether the company's high P/E ratio still justifies investment, suggesting the stock may need to decline to around 25 times earnings.
Source: YAHOO