Apple Inc. (NASDAQ:AAPL) is one of the stocks related to the AI space that Jim Cramer discussed. Cramer highlighted how the company does not need its own AI strategy but can instead utilize other companies for the purpose. He remarked:
“Apple’s looking better and better because they opted out. They’re not trying to build the best chatbot, though they are working on improvements to Siri that should arrive by next spring… But overall, as far as I can see, this strategy is to do the same thing they did with search. Why not just let somebody else build it and then pay Apple for the privilege of being the default on all their devices?
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Apple Inc. (NASDAQ:AAPL) sells smartphones, computers, tablets, wearables, and accessories, in addition to providing cloud, support, and subscription-based digital services.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.