TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said investors shouldn’t trade Apple’s stock based on Friday reports that its iPhone has been pulled from China. ‘It’s not true,’ Cramer said. The Wall Street Journal reported that Beijing regulators ordered Apple to suspend iPhone 6 and 6 Plus sales in the city amid concerns the device’s design violated patents. Cramer said a lower court controlled by China’s communist party made the ruling. Cramer also referenced the slew of price target cuts on Apple’s stock made by analysts week.
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