Jim Cramer says not to discount all of the so-called FANG companies, as he sees buying opportunities in two of the names.
The so-called FANG stocks have yet to regain their power since bouncing from lows during the December sell-off and gave way to the cloud kinds and semiconductors to lead the tech sector, CNBC's Jim Cramer said Tuesday.
Coming off of a strong fourth quarter report, the stock price has gained more than 30 percent this year and is 5 percent off of its mark a year ago. "Some parts of FANG have definitely gotten their groove back. I think FB and Alphabet are worth buying right here," he said."Maybe wait for the breakout before picking up Amazon."President Donald Trump is in a position to get more concessions or even walk away from trade negotiations with China President Xi Jinping as the Chinese economy weakens, Cramer said.
The company is cutting past the competition with its da Vinci Surgical System, which allows doctors to find a cancerous mass"transorally" in lieu of surgery, he said. The procedure can help doctors avoid damaging healthy tissue, he added. "I think one of the unique differentiators of our product is that we can see the data that comes across payments," she said. Square also offers clients point of sale software."So we can see the success of these businesses like restaurants who've historically been left out of the financial system because of the type of business that they are."Salesforce.
"To me, this is all kind of nutty. Every time Salesforce.com has gotten dinged, you know what it happened to be? A buying opportunity," he said."And guess what: I'm betting this time no different."In Cramer's lightning round, the"Mad Money" host ran through his answer to callers' favorite stock picks:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer Remix: This stock was left for dead - Now it has my blessingJim Cramer reveals that Norwegian Cruise Line is a stand out stock now that oil prices have declined.
Read more »
Cramer Remix: These are the market's riskiest sectorsJim Cramer explains why investors need to be cautious when it comes to cannabis and Chinese stocks.
Read more »
Cramer Remix: GE's CEO has breathed new life into a fallen franchiseJim Cramer breaks down how General Electric has transformed with Larry Culp at the helm.
Read more »
Cramer Remix: You may get a better chance to buy this recent IPOJim Cramer breaks down the action behind Yeti's recent moves.
Read more »
Tesla's stock is tanking—here's what Jim Cramer and other experts have to sayA highly anticipated announcement from Tesla has turned into a headache for its stock. Jim Cramer, a former General Motors executive and a Tesla analyst react to the moves.
Read more »
Cramer: Investors should be patient and take advantage of this sell-offJim Cramer says this could be the first of multiple days of machine-driven stock selling.
Read more »
Cramer: I'm kicking myself for not recommending these stocksJim Cramer takes the time to talk about his top 'woulda, shoulda, coulda' stocks.
Read more »
Cramer: Why Trump could decide to walk away from a trade deal with ChinaJim Cramer says Trump could abandon trade negotiations with China, but it could come at a cost he might not want to take on.
Read more »
Cramer: 'It's about time' that Gap decided to split its businesses'I think we could see a dramatic comeback' if CEO Art Peck plays his cards right, Jim Cramer says.
Read more »