Jim Cramer says ‘FAANG is back’ as tech stocks lead market higher

Jim Cramer on CNBC’s Halftime Report.

Scott Mlyn | CNBC

(This story is for CNBC Pro subscribers only). 

CNBC’s Jim Cramer continued Tuesday to call for a rebound in megacap tech stocks as the market tried to snap a four-day losing streak.

Cramer said on “Squawk on the Street” that the recent declines for major tech stocks have already surpassed some of what was seen in large individual names during the infamous tech bubble, suggesting that the stocks may be at a good value now. The “Mad Money” host said on Monday that several major tech stocks were buys at their current price levels. 

Source link