Club holding Apple (AAPL) isn't in danger of losing its footing, despite a recent market sell-off spurred by reports China is cracking down on iPhone usage. Still, Apple remains an "own-it don't-trade it" stock in the Club portfolio, as its standing as an aspirational brand in China shouldn't be affected by the government's apparent decision. Apple CEO Tim Cook "isn't just riding around saying, 'Boy, I sure hope China doesn't cut us off.' But if China were to confirm the new rules targeting iPhones, Apple is well-positioned to weather any near-term headwinds. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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Persons: Jim Cramer, Tim Cook, Cramer, —, Jim, Apple, Morgan, Morgan Stanley, Truist, DuPont, Jim Cramer's Organizations: Apple, Street, Bloomberg, Club, Broadcom, DuPont de Nemours, Huawei, DuPont Broadcom, CNBC, Getty Locations: China, Beijing, India, AVGO, Greater China, Wuhan