Jim Cramer reveals the secret to finding a winning tech stock in this market
CNBC's Jim Cramer said tech stocks need more than an earnings beat to rally right now. They need a shortage.
Opening excerpt (first ~120 words) tap to expand
CNBC's Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally."When it comes to tech companies, it's not enough just to beat and raise anymore," said the "Mad Money" host. "You need a shortage, or else your stock's not gonna get much love, even if you are one of the big dogs ... that reported after the close this evening."On Wednesday, four mega-cap tech companies — Alphabet, Amazon, Meta, and Microsoft — reported results, with two of the four declining in after-hours trading. Cramer said the mixed reaction highlights a market that is increasingly rewarding scarcity over scale. "It's odd," he said. "There was a time when all four of these companies would have unstoppable growth.
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