if(typeof window.MediaSource !== 'function') { 'site' : 'cnbc.com-relaunch' , Never seen anything like it.". mps._queue.adload = mps._queue.adload || []; 'id' : '41135891' , © 2020 Benzinga.com. If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com. 'hline' : 'Mad Money' , Benzinga does not provide investment advice. 'cag[type_creator]' : 'Jim Cramer|Drew Sandholm' , var foresee_enabled = 1 'adunits' : 'Top Banner|Badge A|Badge B|Badge C|Badge D|Flex Ad First|Box Ad 1|Non Iframe Custom|Inline Custom|Movable Box Ad|Responsive Rectangle' , ... Wedbush Securities' Dan Ives, who is a longtime Apple bull, boosted his price target to … ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: Get Cramer's Picks by email-- it's free and takes only a few seconds to sign up. Seeking Alpha is not affiliated with Jim Cramer, CNBC or TheStreet.com, Follow Miriam Metzinger and get email alerts. The Impact Of COVID-19 On Commercial Property Lending, Privacy Policy / Do Not Sell My Personal Data. if (typeof adunit != "string") return false; var mps = mps || {}; mps.__intcode = "v2"; Don't have a Benzinga account? Wedbush Securities' Dan Ives, who is a longtime Apple bull, boosted his price target to $515 a share just last week, $35 higher than his prior estimate and the highest on Wall Street. "":"no-")+"fn-start",[f.now(),r,o],n),o)try{return e.apply(this,arguments)}catch(t){throw c.emit("fn-err",[arguments,this,t],n),t}finally{c.emit("fn-end",[f.now()],n)}}}};a("actionText,setName,setAttribute,save,ignore,onEnd,getContext,end,get".split(","),function(t,e){h[e]=o(l+e)}),newrelic.noticeError=function(t,e){"string"==typeof t&&(t=new Error(t)),i("err",[t,f.now(),!1,e])}},{}],18:[function(t,e,n){e.exports=function(t){if("string"==typeof t&&t.length)return t.length;if("object"==typeof t){if("undefined"!=typeof ArrayBuffer&&t instanceof ArrayBuffer&&t.byteLength)return t.byteLength;if("undefined"!=typeof Blob&&t instanceof Blob&&t.size)return t.size;if(! 'title' : 'Cramer Names New Price Target for Apple' , As Apple shares struggled in early trading, Cramer used the weakness to raise his price target on the stock to $400 from $325. 'cag[type_person]' : 'Steve Jobs' , Not much growth to speak of, he said. return false; if (mps.response && mps.response.dart && typeof(mps.response.dart.adunits) === 'object') { Machinery seems to be a hot sector, but Cramer urged viewers to look to the end markets. 'cag[related_related]' : 'Steve Jobs|Corporate Leaders|Stock Picks|Hardware|Jim Cramer|Earnings|stocks|Technology|Mad Money' , script.setAttribute("onerror", "setAdblockerCookie(true);"); mps._log('**** LOADED: cnbc-cms-header-insert'); As of July 31, Apple passed oil titan Saudi Aramco for No. Cramer raised his target for Apple from $264 to $300, and says this is a conservative estimate. 1 market cap in the world. Its competitors, on the other hand, are like the desolate Gobi desert. mps._urlContainsEmail = function() { These new investors would be glad to buy the stock at a higher price. The action, Cramer said, is "amazing" because the stock typically sells off after reporting strong earnings. Apple is the first U.S. company to surpass a $2 trillion market cap. 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