CNBC's Jim Cramer said Apple's nearly 4% jump to a record close Monday showed why investors should own, not trade, the stock, as the Dow, S&P 500 and Nasdaq rose 1.12%, 1.07% and 1.37%. He credited three bullish analyst calls. Cramer pointed to an iPhone 17 lineup with strong demand, better selfie features, and steady pricing via trade-ins and carrier subsidies; analysts see services growth, China upside through 2026, and a potential foldable iPhone. He noted lines at product launches and cited Google's multibillion-dollar search deal and a model where chatbot developers pay for iPhone integration.
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