Jim Cramer on Q3’s results: Fire all the Apple analysts (video)
Preaching to the converted, with spittle and passion
Apple is the greatest products company in history, says Cramer, and It should be covered by the analysts that follow Proctor & Gamble, Pepsi and Colgate.
From Tuesday’s Mad Money:
Even more galling is that the stock I’ve urged you long time to own and not trade isn’t even valued like a regular tech company. It’s valued like some sort of sturdy cyclical industrial. I’m telling you this is poppycock.
My take: Preaching to the converted, but with spittle and passion. Video worth watching.
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If it were valued properly, Apple could have a $300 price target from CNBC.
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Steven M. Peters
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