Jim Cramer Says Apple is “Addicted to Buying Back its Own Stock”

Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer highlighted recently. Cramer highlighted the company’s stock buyback and called it a “serial repurchaser,” as he said: “Now we gotta go down to the companies that have been buying back stock at a 4% clip annually to find the two that I want to pound the table on right here and right now: Wells Fargo and Apple… Then let’s deal with the pachyderm in the room. Let’s deal with Apple. Alright, here’s a company that’s addicted to buying back its own stock ...