Apple plans to reveal new products on Monday and it might not be enough to go around to satisfy everyone, CNBC's Jim Cramer said Friday.
"I want them to buy Dexcom and Tandem Diabetes so they can offer diabetics a blood sugar monitor-slash-insulin pump that can be controlled from you cell phone," he said."I like this idea better than one more video channel, but if Apple's working on a multi-media bundle I could see why that's intriguing.
"People act like this automatically signals that we're going into a recession, but it might signal nothing more than the fact that the Fed should never have tightened in December," the "Mad Money" host said."We're headed into another week where I think the inverted yield curve will embolden the bears ... [but] the Fed just took us one rate hike too many and now we're all paying the price.
"I think Lyft is exactly the kind of stock that can work in this slower growth environment, but you need to be careful with these fresh-faced IPOs," the host said."Short term, I'm betting this turns out to be a good trade, but as a longer-term investment I'm more skeptical." This year's anticipated lineup includes, among others, Pinterest, Airbnb, and rival ride hailing services Lyft and Uber. Other flotsam and jetsam IPOs will be sprinkled in between those launches, Cramer said.
Trump just got re-elected! NEW ATH BABY!
There is a smell of fomo going on with apple and leading up to the announcement there will be plenty of buyers not sellers. Silly Kramer
Boo yah Jim!😉
Or it could up. Brilliant.
This guy is a joke. To me, he sounds like those who teach how to gamble at the Casinos and win.
What if they announced the iBrator. I smell a boom stock price!!
And it could go up
Idiot.
I cannot wait until your platform of fuckery is long gone
Well that’s one hell of a reversal from a month or so ago
For once I agree with this clown
Self flying airplane/car “soon”
Idiot
jimcramer and if Apple declines, we buy more. Dat simple. It’s a hold, not a trade
No shit Sherlock. 😂
Like every post announcement of late. No new innovation and merely replicating Samsung.
It could rain one day next week.
STHU, if I listen to you, I would be broke
Don't trade the news unless you have inside information 😂
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