CNBC's Jim Cramer Urges Investors Not to Write Off Big Tech Megacap Stocks

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 10 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Finance News

CNBC,Jim Cramer,Big Tech

CNBC's Jim Cramer emphasized the resilience of Big Tech megacap stocks after recent declines, advising investors to not dismiss them. He highlighted improvements at Apple and Microsoft, while expressing uncertainty about Meta's performance.

CNBC's Jim Cramer advised investors not to dismiss Big Tech megacap stocks, emphasizing their resilience after recent declines. 'Remember today,' he stated, 'because it's a textbook reminder of what happens when you think these stocks are done — they come roaring back.' Cramer highlighted Apple's improved iPhone upgrade rates and its potential from new AI programming, expressing optimism about Tim Cook's negotiations with China.

He was less certain about the reasons behind the gains in Meta and Microsoft but suggested Nvidia's new product launch could have contributed to the software maker's performance

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CNBC's Jim Cramer Warns Against Writing Off Big Tech Megacap StocksCNBC's Jim Cramer advised investors against dismissing Big Tech megacap stocks, emphasizing their resilience and ability to rebound.
Source: NBCLA - 🏆 319. / 59 Read more »

Jim Cramer ascribes market rally to Trump's victory and pro-big business policiesCNBC’s Jim Cramer reviewed Wednesday’s market action.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Charts suggest market could weather Trump tariff increases, Jim Cramer saysCNBC’s Jim Cramer on Tuesday reviewed market analysis by Jessica Inskip.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Jim Cramer warns of market 'excess' as stocks surgeCNBC's Jim Cramer on Monday described signs of 'excess' he sees across market sectors.
Source: CNBC - 🏆 12. / 72 Read more »