Apple Inc. (AAPL), Verizon Communications Inc. (VZ) and Google Inc (GOOGL): Cramer’s Favorite Giant Stock Picks on August

If you are looking for a sneak peek into the stock market, Jim Cramer’s videos are the first place to visit. For the past month, Apple Inc. (NASDAQ:AAPL), Verizon Communications Inc. (NYSE:VZ) and Google Inc (NASDAQ:GOOGL) were his giant stock picks with a Buy or Own recommendation for the investors.

Apple Inc. (NASDAQ:AAPL) is one of the first recommendations from Jim Cramer and according to him, this is the best time to own Apple Stocks. Cramer believe that the Fall of Samsung Electronics is one of the primary reasons why Apple Inc. (NASDAQ:AAPL) has regained the top spot for Smartphone in the U.S. Market. He further mentioned Apple Inc (NASDAQ:AAPL)’s deal with International Business Machines Corp. (NYSE:IBM) important for their upcoming iPad towards the end of 2014 or early 2015. Apple Inc (NASDAQ:AAPL) has a market cap of $613.76 billion with its shares trading at $102.50.

Apple (AAPL)

Verizon Communications Inc. (NYSE:VZ) is among the top picks of Cramer and he even said that Verizon Communications Inc. (NYSE:VZ) is a multi-year winner stock and it will stay profitable for long. Verizon has made it to Cramer’s favorite stock list multiple times in August even stating,

“I do like Verizon. It has a great yield and earnings momentum.”

Verizon Communications Inc. (NYSE:VZ) was declared as the top carrier in the US by RootMetrics. The company has a market cap of $206.52 billion with its shares trading at $49.82.

Cramer has always been a big fan of Google Inc (NASDAQ:GOOGL) and he is of the opinion that the company has been undervalued right from its public offering in 2004. It is the top investment in his charitable trust and with a $390 billion market cap accompanied with a dozen potential technology products, the company is all set to grow at an even higher rate in the upcoming years.

This article has been written by Prakash Pandey and edited by Serkan Unal.

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