Apple's Stock Rally May Not Be Sustainable, Warns Jim Cramer
Tue, Apr 30, 2024 11:25 AM

Apple's Stock Rally May Not Be Sustainable, Warns Jim Cramer

A Flip by Riya Sharma
Get it on Google Play
Apple Inc. AAPL experienced a stock rally on Monday, but CNBC host Jim Cramer is skeptical about its sustainability. Cramer expressed his doubts about the longevity of Apple’s stock rally, which was fueled by an analyst’s upgrade. He cautioned investors to hold off on purchasing Apple shares, reported CNBC on Monday.

More great flips

IRIS Business S Consolidated March 2024 Net Sales at Rs 30.35 crore

IRIS Business S Consolidated March 2024 Net Sales at Rs 30.35 crore

Reported Consolidated quarterly numbers for IRIS Business Services are:Net Sales at Rs 30.35 crore in March 2024 up 47.66% from Rs. 20.56 crore in March 2023.Quarterly Net Profit at Rs. 4.71 crore in March 2024 up 197.45% from Rs. 1.58 crore in March 2023.EBITDA stands at Rs. 6.66 crore in March 2024 up 96.46% from Rs. 3.39 crore in March 2023.

Open Flip
JB Pharma aims 12-14% revenue growth over next 2 years: CEO

JB Pharma aims 12-14% revenue growth over next 2 years: CEO

JB Pharma, majority-owned by investment firm KKR & Co., aims to grow its revenue by 12-14% in the next couple of years with a thrust on domestic and contract development and manufacturing organization (CDMO) businesses, its chief executive Nikhil Chopra said. The company is also foraying into new geographies like Europe and Brazil through tie-ups and product launches.

Open Flip
TITAGARH Consolidated March 2024 Net Sales at Rs 1,052.41 crore

TITAGARH Consolidated March 2024 Net Sales at Rs 1,052.41 crore

Reported Consolidated quarterly numbers for TITAGARH RAIL SYSTEMS are: Net Sales at Rs 1,052.41 crore in March 2024 up 8.03% from Rs. 974.22 crore in March 2023. Quarterly Net Profit at Rs. 78.95 crore in March 2024 up 63.67% from Rs. 48.24 crore in March 2023. EBITDA stands at Rs. 134.75 crore in March 2024 up 31.48% from Rs. 102.49 crore in March 2023.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon