GO
Loading...

Stop Trading!: Buy Apple, Sell the Rest


America’s big tech companies are no longer focused on solving the world’s big problems through innovation, Cramer argued during his regular appearance on Stop Trading! Thursday.

And it’s why he would now sell “old tech” in favor of “new tech” -- American manufacturing companies like Eaton and Parker-Hannifin that are addressing the truly important issues like energy efficiency and reducing emissions.

Apple is possibly the only exception to this rule, Cramer said. He predicted that stock could go to $200 “in a heartbeat” as it rallies ahead of a new iPhone said to be released this summer. Cramer said he would sell Apple the day of the release, which was the same strategy he recommended last summer when the original iPhone debuted. Until then, the stock is “really feeling good,” he said.

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Symbol
Price
 
Change
%Change
ETN
---
PH
---
AAPL
---

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.