Squawk on the Street CNBC Investing Club: Cramer’s Morning Take on Apple 3/19/26
Mar 19, 2026
Market reactions to recent Middle East strikes and possible oil effects are discussed. Semiconductor dynamics and DRAM pricing risks from Micron, SK Hynix and Samsung are highlighted. Reports of a big Apple smartphone sales gain in China are covered. A strong case for buying Apple is presented based on supply and margin considerations.
AI Snips
Chapters
Transcript
Episode notes
Geopolitics Can Quickly Reverse Market Sentiment
- Jim Cramer argues the market move from geopolitical news could flip quickly, sending oil down and stocks like Boeing up if tensions cool.
- He frames recent attacks and retaliations as drivers that could create a buying opportunity when fear recedes.
Buy Selectively After Panic-Driven Selloffs
- Do buy selectively into beaten-down names when crisis-driven panic creates mispricing, as Cramer suggests after recent declines.
- He points to Boeing as an example that tends to rebound when broader fears ease.
Micron Moves Reflect Competitor Capacity Decisions
- Cramer notes Micron isn't owned by his fund and that its price swings reflect industry supply dynamics more than demand fundamentals.
- He emphasizes Micron's valuation can plunge but rally depending on SK Hynix and Samsung's build plans.