Apple traded at $343.99 on October 21, 2026, as the broader market showed signs of recovering from a sharp decline in AI-related shares. Financial commentator Jim Cramer cautioned against rushing into the rebound.
Key Takeaways
- Apple’s trailing P/E was 39.43 times, above its five-year median of 31.2 times.
Table of Contents
AI recovery still faces tests
Cramer said a market bottom had not yet been confirmed.
Cramer linked a recovery in AI infrastructure and data center stocks to technical improvements and positive earnings from Microsoft, Alphabet and Amazon.
Apple insider share sales
Apple insiders sold approximately $94.7 million in shares over the preceding three months.
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