News about Jim Cramer

Early demand for Apple's foldable iPhone Duo appears strong: the earliest delivery estimate for the 512GB Night Sky model is January 25, more than three months away, and the phone reaches stores this Friday. Morgan Stanley reported a record 14-week average preorder lead time, the longest of any iPhone model it has tracked in 10 years, pointing to both high demand and limited supply, while iPhone 18 Pro lead times are lower year over year. Melius Research estimates Apple could sell at least 15 million Duo units in fiscal 2027, generating about $40 billion in revenue, and maintains a buy rating with a $370 price target. Apple shares have risen more than 41% from a 52-week low of about $243 to around $342, and are up nearly 26% year to date.

Jim Cramer's Charitable Trust bought 35 more Boeing shares at roughly $191.16, bringing its holding to 620 shares and lifting its portfolio weighting to 3% from 2.8%. The purchase used some proceeds from a TJX Companies trim earlier Monday. Reuters reported on Friday that the FAA could approve Boeing's 737 Max 10 as soon as this week; the article says certification would reduce uncertainty over delays, since about one-third of the 737 Max backlog reportedly covers this variant, with deliveries likely starting in 2027. The stock is still about 20% below its Aug. 5 close, which the article mainly attributes to rising oil prices and interest rates.

Jim Cramer's Charitable Trust is selling 150 TJX Companies shares at about $146 each, leaving it with 975 shares and cutting the position's weight to about 3.7% from 4.25%. The stock had fallen from $150 to around $123 in mid-September after earnings, and the trust added to its holding three times during that decline, at $140, $138 and $125. The sale locks in a gain of about 130% on shares bought in August 2022 and trims a position that had become outsized. Although the trust believes TJX has addressed the same-store sales slowdown at its Marmaxx division, the sale creates room in case the fix takes longer than expected.