News Formal

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

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

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:

 /  🏆 545. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Jim Cramer gives a tactical look at the market rotation out of tech stocksCNBC's Jim Cramer reminded investors of his classic adage: Keep a diverse portfolio.
Source: CNBC - 🏆 12. / 72 Read more »