How 5 Jim Cramer Stock Picks Performed
I have tracked the August 4 buy calls of Jim Cramer. Given the current volatility of global markets, the outperformers were defensive stocks like REITs, master limited partnership stocks and utility stocks. Investors flock to stocks that pay stable dividends in a low interest rate environment.
Apple Inc. (AAPL)
This is an August 4 Jim Cramer call. Since then, the stock has gained 3.50%. On a month on month basis, the stock is slightly up by 0.6%. Despite the departure of ex-CEO Steve Jobs, investors are convinced that the investment appeal of the company is based on the brand AAPL carries. Over the last few weeks, health issues surrounding Steve Jobs have weighed on the stock. Investors are now focused on the direction of the in the company post-Jobs era. For the year, the company has posted revenue growth of 75% and earnings per share of 90%. This is higherComplete Story »