‘The market’s finally in Fed-mandated slowdown mode, where what works are the recession-resistant stocks of profitable companies that tend to be pretty generous with their shareholders,’ he said. The ‘Mad Money’ host’s comments come after a tough earnings season for Big Tech. Apple beat fourth-quarter earnings and revenue expectations on Thursday after the bell, though it fell short on iPhone services and sales. Cramer praised its technology, adding the company is much more in tune with what customers want than the rest of Big Tech, making its stock investable. ‘I always say, own Apple, don’t trade it,’ Cramer said. ‘The company is more in touch with what customer wants than the other Big Tech. It’s important to own . . .
Read more at www.cnbc.com