Jim Cramer · Meta · Donald Trump · Iran · CNBC Technology
Jim Cramer confirms tech remains the market's best place to surface big winners despite recent struggles
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CNBC's Jim Cramer said Monday that tech stocks remain the market's best hunting ground for investors looking for outsized gains.
Key facts
- Cramer's Charitable Trust, the portfolio run by CNBC's Investing Club, owns shares of Meta
- A simple acknowledgement of something that seemed so obvious gave you a nearly 100 point gain this month," he said
- By a simple stroke of a pen, Meta gives you almost 100 points," Cramer said
- CNBC's Jim Cramer said Monday that tech stocks remain the market's best hunting ground for investors looking for outsized gains
Summary
"The tech companies, especially big tech, have so much more to offer than the rest of the market," the " Mad Money " host said. As oil prices climbed Monday after President Donald Trump announced he was reinstating a blockade on Iran in the Strait of Hormuz, investors rotated into sectors that typically benefit from higher energy prices. Meta, he said, is a prime example. "A simple acknowledgement of something that seemed so obvious gave you a nearly 100 point gain this month," he said.