'I Don't Know John Ternus,' Jim Cramer Says — but He Trusts Tim Cook's Word on Apple's Next CEO
Key takeaways
- Cramer’s mixed commentary boosts Cisco and Apple while cooling Vale, with the Apple CEO transition and upcoming event adding near‑term focus.
- Cisco FY27 revenue guidance $72.2‑$73.4 B
- Cisco FY27 EPS guidance $5.05‑$5.11
- Consensus revenue $68.69 B
What happened
Jim Cramer on CNBC’s "Mad Money Lightning Round" praised Cisco Systems (CSCO) for a strong Q4 and urged buying the stock, citing conservative guidance that still beats estimates. He also called Apple (AAPL) a "good buy" despite the upcoming CEO transition to John Ternus, expressing confidence in Tim Cook’s endorsement. Cramer downgraded Vale S.A. while recommending CoreWeave. The article notes recent earnings: Cisco’s FY27 revenue guidance of $72.2‑$73.4 B versus $68.69 B consensus, and…
Why it matters
Cramer’s endorsements and downgrades carry weight with retail investors, potentially moving the stocks he mentions. Cisco’s higher-than-expected guidance signals continued strength in networking hardware, while Apple’s CEO transition could affect long‑term strategy. Vale’s downgrade reflects concerns over commodity…
Short-term and longer-term
Short-term. Cramer’s call on Cisco is a short‑term catalyst; the stock’s 0.2% dip suggests traders may look for a rebound if the guidance holds.
Longer-term. Over the next few weeks, Cisco’s FY27 revenue and EPS guidance will test the market’s appetite for networking growth.