Apple’s nearly 4% surge on Monday propelled broader indexes higher, with the Dow rising 1.12%, the S&P 500 up 1.07%, and the Nasdaq advancing 1.37%, driven by bullish analyst upgrades and robust product demand.
The iPhone 17 lineup, pricing stability, and Apple’s strong leverage with partners like Alphabet underscore why the company remains one of the most admired and resilient in the market, with growth opportunities in China and potential AI advancements on the horizon.
CNBC’s Jim Cramer warned that traders attempting to time Apple often miss the bulk of its rallies, urging investors to focus on fundamentals, product appeal, and long-term growth rather than short-term market noise.
Cramer highlighted the iPhone 17 lineup as proof of the tech giant’s unmatched product cycle. As Cramer discussed with Apple CEO Tim Cook last month, from the lightest version to the heavy-duty model, demand is strong and features like improved selfie technology make Apple devices stand out. Pricing stability, aided by trade-in values and carrier subsidies, reinforced Apple’s appeal, while the iPhone Air’s sleek form factor drew attention from consumers.
Cramer said the rally was foreseeable, but many investors were distracted by persistent negativity… Analysts now see upside in China through 2026 and momentum across new devices, including a potential foldable iPhone next year.
Cramer was critical of traders who tried to time Apple rather than holding it. Many sold when sentiment turned negative and re-entered after the stock had already risen, missing the bulk of the rally. Analysts, reporters and short-sellers, he said, contributed to that fear but are now being forced to raise their estimates in response to Apple’s momentum…
“If you used common sense,” Cramer said. “If you checked out prices from the phone carrier at Costco and you asked a salesperson for specs at an Apple store, then you had everything you needed to know why you should own, not trade, Apple.”
MacDailyNews Take: Apple’s 52-week low was $169.21 set on April 8, 2025.
“Sub-$170 AAPL seems like an absolute gift to us…” – MacDailyNews, April 8, 2025
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This is what I also say. Apple will cross 4 Trillion market cap soon. October 30 is very near. All we see in the news is Meta and AI. Nobody understands the ‘bench’ strength of Apple. When one leaves someone better than him or her is ready to take charge.
Just think, Apple lost 6-7 people to Meta, still Apple is not worried…Why?
This goes for most stocks. Some news comes out then they jump. Unless you are glued to your computer screen 24/7 you miss it.
I would say I was possitive on Apple until I heard Cramer say this, now I’m selling. Cramer is wrong more than right. Tim’s going to be retiring soon, so I would wait to buy any until AFTER that transition takes place. Also, record HIGHs is usually NOT the time to buy stocks, Look around you, do you REALLY think stocks are going to continue to go up?
Just like Apple, Cramer is thinking long-long term, buy whatever much you can and just sit-sit on it.
Do not focus on Cramer. Do not focus on market as a whole. Focus on Apple…
1) Tim Cook has 3.5 years to go. As long as Trump stays, Tim stays. I have a lot of respect for John Ternus but, seriously, can he handle Trump? So you would have to wait for 3.5 years flat to buy AFTER transition.
2) Do not focus on the market, focus on Apple. Even if the market goes down, Apple will come up because of her fundamentals. Cramer says, BUY AND HOLD Apple. He is not talking as a day trader, he is talking as an investor.
3) The AI attrition does not show weakness of Apple, it shows the strength of Apple. Apple loses 7 guys and still does not stoop down and beg them to stay. It shows the fundamental strength of Apple. Apple ‘Bench’ is so deep that if they lose one guy, the next one better than him is ready take his place. When I talk of fundamentals of Apple, I am talking about this fundamentals and not the fundamentals Cramer is talking about. And such deep ‘Benches’ are in for every branch of products Apple is working on.
4) Apple thinks very long-term, if iPhone Air is not working, cut the losses and Apply that knowledge to iPhone Fold. These are the fundamentals I m talking about. Cramer is right in his own way but his vision is limited and does not go deep enough and still comes up with BUY AND HOLD than he is not wrong in this this instance.