Jim Cramer Says “Apple Deserves a Premium Multiple Given How Great It Is”

Group 1 - Apple Inc. is recognized as one of the "Magnificent Seven" stocks, with a notable performance despite a challenging year, where the stock only increased by about 9% [1] - Concerns regarding Apple's growth, iPhone sales, and the impact of tariffs on manufacturing in China and India were prevalent, but the company addressed these issues through a significant domestic investment strategy [1] - This investment strategy not only alleviated tariff concerns but also garnered support from the government, leading to a strong recovery in the stock price [1] Group 2 - Apple manufactures and sells a range of devices including the iPhone, Mac, and iPad, along with wearables and accessories, supported by its app ecosystem, AppleCare, and cloud tools [2]