Apple Stock: Jim Cramer’s ideal entry price and what to do

Apple delivered outstanding results in the first fiscal quarter last week. The morning after the company’s earnings day, after discussing the most important events of this quarter, CNBC host Mad Money Jim Cramer gave a very specific comment on when to buy Apple shares (AAPL) – Download the report from Apple Inc.:

“This has been an extraordinary quarter. So the stocks are on [$164]. My advice is, if it breaks that price and drops to, say, $ 163, then buy it. ”

The problem is that AAPL shares have already jumped far ahead of the “Jimmy Chill” ideal price after the entry price. Even the decline in technology stocks led by Facebook was not enough to push the AAPL much lower than $ 175 per piece.

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Naveen Kumar

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