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

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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

 

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