Cramer Vouches for Apple, American Electric, and This Stock; Can’t Get Behind AES Corp
Jim Cramer made the following calls on August 19th, 2013. What do you think about his picks?
Apple Inc. (NASDAQ:AAPL): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on August 14, 2013. The stock’s 52-week high is $705.07, and its 52-week low is $385.10.
Apple helped kick off a swath of nostalgia last night, as Cramer felt like reflecting on the performance of major stocks since their IPOs. Apple’s performance was among the all time greats in the last 9 years, returning 3,171 percent to investors over that time. Cramer still likes the stock, and with a positive note from Piper Jaffray recently, things are clearly looking up for Apple as it continues to attract fans.