Jim Cramer: iPhone 7 Needs to Be Big

Cowen's analyst is looking for a 'super cycle' in Apple, but if investors get too excited about the company's forthcoming products then it's 'going to hurt the story.'
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Cowen's analyst is looking for a 'super cycle' in Apple, but if investors get too excited about the company's forthcoming products then it's 'going to hurt the story', says TheStreet's Jim Cramer. Cowen analyst Timothy Arcuri said in a research report Monday that the release of the iPhone 8 (AAPL) - Get Report in 2017 is looking like a 'powder keg' that could spark explosive growth. Arcuri said the iPhone 7 looks 'about flat with iPhone 6S and macro risk is clear', yet his customer research showed a very strong reaction forming for the iPhone 8.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.