Cramer tells investors to stick with their convictions during a tough market

Get Southern California news, weather forecasts and entertainment stories to your inbox."I don't talk to many hedge funds, but oh boy I was overwhelmed with people urging me to come out here and tell you to give up on Palo Alto," Cramer said."So many of them spoke with such confidence, yet in reality they knew nothing."

Cramer mentioned several other companies he thinks are high performers even though their stocks have seen dips from recent highs, including

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