Shares of the tech giant are in focus as it prepares to report its results for the last three months of 2016 on Tuesday after markets close. Wall Street expects Apple (AAPL) to report earnings of $3.23 a share on revenue of about $77.4 billion. TheStreet’s Jim Cramer, whose Action Alerts PLUS portfolio holds Apple, says that investors should hold onto the stock, not trade it.
Cramer says it is the most recognizable brand in the world, owns the smartphone market, and has a service business that is expanding at an explosive rate and will continue to be a growth driver moving forward.
