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"Our view is this is a stock you want to own into the iPhone 8 cycle," the Baird connected-technology analyst told CNBC's "Squawk Box." Apple shares are worth owning as the consumer technology giant gears up to release its newest edition of the iPhone and creeps closer to a $1 trillion valuation, analyst Will Power said Tuesday. "And the word I really liked that he used is 'sticky,'" he continued, referring to Buffett's characterization of Apple products. The draw for Apple isn't all about its innovative spirit, Power said. With the company's market value at about $700 billion, Power said it could reach $1 trillion soon.
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