Stop Trading: Cramer Upbeat On AAPL, GE

In his “Stop Trading” show on Friday, Jim Cramer discussed Apple (NASDAQ: AAPL) and General Electric (NYSE: GE). In response to a report on Consumer Reports that applauded Apple's initiatives in correcting the iPhone reception problems, Cramer said, "What more can you ask for?"

He said that Apple's antennae were "overblown" from the very beginning and it seemed that “the company is on trial.” Cramer expects Apple’s sales to jump after people realize that the reception problem in the device has been resolved.

Cramer also commented on Friday’s sharp fall in the Dow. He said that after the market's "parabolic moves," he is not surprised that stocks went "cruising for a bruising."

While GE slipped $0.58 on Friday on disappointing revenue, Cramer said that the company’s quarter was the best in two years. He believed that GE’s share price would have soared $0.58, had the company reported its results on Tuesday.

To see more trading ideas, click here.