Jim Cramer Says Apple Could Get Boost in Second Half of 2014

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Jim Cramer Says Apple Could Get Boost in Second Half of 2014

by TheStreet 1:47 mins

Jim Cramer Says Apple Could Get Boost in Second Half of 2014

by TheStreet 1:47 mins

Jim Cramer says a lot of people see investing in stocks as a zero-sum game: ‘Apple did this, so it must hurt Amazon.’ Cramer urges invetors to recognize this is a very old-world way of seeing things. Cramer says Apple has done a lot to entrench itself: Apple has China and good relationships with a lot of the wireless carriers. Cramer says the days of someone being ‘Blackburied’ are done. Now, Cramer says that stock pauses instead of getting hammered on negative news or competitor product announcements. At the same time, Cramer notes that Apple's volatility has gone down since the 7 for 1 stock split. Cramer says Apple is not as compelling now, but there could be a second half of the year catalyst with their new products like the iPhone 6. Cramer cautions though, that any new product launches could already be reflected in the stock price. Cramer thinks there is room for Facebook, Amazon, Apple, and Google to do well but he is focused on Facebook and Google.

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