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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Jim Cramer's Apple Endorsement Sparks 'Inverse Cramer' Backlash As Social Media Users Mock His 'Own It' Advice

Financial analyst Jim Cramer‘s recent recommendation to “own” Apple Inc. (NASDAQ:AAPL) stocks has triggered a widespread investor revolt, with social media users loudly proclaiming their intent to do the opposite.

What Happened: CNBC’s “Mad Money” host Cramer’s Monday statement on X, “Apple, own it, don’t trade it!” quickly became a catalyst for what traders call the ‘Inverse Cramer’ phenomenon—a strategy where investors systematically bet against his stock recommendations.

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