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Cramer's Lightning Round - Otter Tail Is Behind (12/18/08)

Apple is a stock that doesn't pay a dividend so its going to experience a higher beta. It is a technology stock that depends on the vaguely perceptible future, again contributing to high beta. Finally, Apple is entwined with the mystique of Steve Jobs. His health is an unknown which also contributes to a high beta. If you invest in these kinds of stocks, even if blessed by Cramer, then expect a bumpy ride.