Jim Cramer Says “I’m Not Changing My View, I Say, Own Apple, Don’t Trade It”

Group 1 - Apple Inc. has experienced a decline in stock price for eight consecutive weeks, attributed to increased costs for storage components that the company relies on [1] - The rising prices of storage components may lead to declining gross margins for Apple, despite the popularity of its products [1] - The recommendation is to hold Apple stock rather than trade it, while acknowledging the potential for further declines if the company guides margins down [1] Group 2 - Apple manufactures and sells a range of devices including iPhones, Macs, iPads, and wearables, supported by its app ecosystem, AppleCare, and cloud tools [2]