4 tech stocks that look good after Nasdaq’s rough 2022 start

4 tech stocks that look good after Nasdaq's rough 2022 start

CNBC’s Jim Cramer stated Wednesday he sees a handful of attractively priced expertise shares following a tough begin to 2022 for the broad cohort and instructed traders look to reap the benefits of the weak spot.

The tech-heavy Nasdaq Composite is down about 3.5% for 2022 after simply three buying and selling days, and “it’s a must to decide among the many rubble when it does that,” the “Mad Cash” host stated.

Cramer provided up the next shares to think about: Enterprise software program big Salesforce, Fb-parent Meta Platforms, cybersecurity agency Palo Alto Networks and chipmaker Nvidia. All 4 shares are within the crimson for 2022 and notably down from their respective all-time highs, Cramer stated.

“I all the time hear from individuals complaining that … they purchased these high-quality tech shares once they had been flying. You are actually not shopping for them on the excessive immediately should you purchased them, actually not tomorrow if we go once more,” Cramer stated.

“Although they could be clobbered once more tomorrow, you have to decide your spot right here. You may’t act as if this was their first day down,” he added.

Cramer burdened that he was not encouraging traders to take a look at shopping for unprofitable expertise firms that commerce on price-to-sales ratios. He is been advising viewers to keep away from these varieties of shares for weeks, whereas as an alternative championing firms with “actual earnings.”

“I am getting extra enticed by the worthwhile tech names that simply acquired beheaded. Worth does matter to me,” Cramer stated.

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Disclosure: Cramer’s charitable belief owns shares of Nvidia, Salesforce and Meta Platforms.

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