Cramer says Apple’s Monday rally doesn’t have ‘staying power’

News Snapshot:

CNBC's Jim Cramer was wary of Apple 's stock rally, which he said was spurred by an analyst upgrade. He said the gains may not last, and investors should wait to buy. On Monday, Bernstein's Toni Sacconaghi upgraded Apple shars from neutral to buy and said it's time to "buy the fear." Sacconaghi suggested the stock was too cheap, saying it's set up for a "strong iPhone 16 cycle" and that its weakness in China is "more cyclical than structural." "Unlike Toni, I want you to own Apple, not trade it, even as I suspect this quarter will be weak...