Tech stocks on the decline are still winning companies, Jim Cramer says

📆 31/07/2024 01:18:00
📰 nbcchicago

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Even though many megacap tech stocks continue to nose dive, CNBC’s Jim Cramer on Tuesday told investors not to forget they are still solid companies.

Even though many megacap tech stocks continue to nose dive, CNBC's Jim Cramer on Tuesday told investors not to forget they are still solid companies.

For now, Cramer argued, Big Tech outfits are"just very strong businesses with suddenly very bad stocks." He said the stocks could continue to decline until shares are low enough that they seem inexpensive compared to the"rate cut winners" currently doing well.

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