Published On: Tue, Dec 2nd, 2014

Jim Cramer: Own, Don’t Trade, Apple

Jim Cramer

Cramer discussed investing ideas on CNBC’s Mad Dash, December 1, 2014

Agriculture stocks seem to be coming back and it is possible that crop prices have bottomed. Deere may be a buy as well as Agco.

Industrial metals are dropping, and iron is falling faster than the others. Cramer is concerned about Cliffs Natural Resources. Right now the rails are the “battleground” sector, because they are usually an indication of economic strength, but may get hit on lower oil production.

The smartwatch is going to be big in China; “Apple is even better than we thought. It is going to be an Apple Christmas.” Cramer thinks Wall Street analysts are still lagging behind Apple’s story, because they usually see it as a trade, not as a long term investment. Cramer says his mantra is “Own, don’t trade, Apple.”


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