Now that Google is shut out of mainland China, Cramer said Tuesday, “perhaps as badly as Kansas is shut out of the Final Four,” the stock warrants an updated look.
He’d already dropped his price target on GOOG to $700 from $750 back on Jan. 13, which is when this fracas first started. But now Cramer is wondering how best to trade the stock, considering the company just lost a major, growing market.
Should Google be sold? And what does this development mean for Baidu.com , a key competitor in the Middle Kingdom? Cramer looked to the charts for answers. Watch the video for his full report.
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