Apple's (AAPL - Get Report) next product launch event will reportedly be held on September 12, according to a Dow Jones report. 

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer noted that shares of chipmaker Broadcom (AVGO - Get Report) are getting hit. "I say let the stock come down," Cramer said. "The people who sell it are not doing the homework that I'm doing."

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