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

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Jim Cramer,Big Tech,Megacap Stocks

CNBC's Jim Cramer advised investors not to dismiss Big Tech megacap stocks after they made a strong comeback on Tuesday following recent declines. He cited Apple's improving iPhone upgrade rates and Microsoft's potential boost from AI PC sales.

CNBC's Jim Cramer advised investors not to dismiss Big Tech megacap stocks, which made a comeback on Tuesday following recent price drops. He emphasized that when investors start to believe these stocks are over, they often surge back. Cramer highlighted Apple's improving iPhone upgrade rates and positive outlook on CEO Tim Cook's negotiations with China. He was more speculative about Meta and Microsoft's Tuesday gains, suggesting a possible boost for Microsoft due to reported sales of AI PCs.

Additionally, Nvidia launched a new product, which Cramer mentioned in the CNBC Investing Club

 

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