Cramer remains bullish on Apple and Oracle despite recent setbacks

1 min read
Source: CNBC
Cramer remains bullish on Apple and Oracle despite recent setbacks
Photo: CNBC
TL;DR Summary

CNBC's Jim Cramer remains positive on tech giants Apple and Oracle despite their recent declines. Cramer believes that fear in the market is causing unnecessary selling, as he sees no clear negatives for these companies. While Oracle's stock fell due to disappointing revenue results and weak guidance, Cramer attributes this to the company's acquisition of Cerner. He is confident in Oracle's generative AI division and recommends investors tap into the company before its upcoming buyback. Cramer also praises Apple's new iPhone features, including an improved camera, longer battery life, and the transition to a standardized USB-C charging cable. He urges investors not to sell based on others' fears but to consider the long-term potential of these stocks.

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