Per CNBC
Jim Cramer Warns Against Buying in Large-Cap Tech Stocks—Says Amazon and Alphabet Aren't in Buy-the-Dip Situations
11/8/2022
Jim Cramer said investors wanting to capitalize on the dip for large-cap tech stocks should be patient. The host of Mad Money said Amazon and Alphabet aren't in buy-the-dip situations.
Cramer showed Carolyn Boroden's analysis of Alphabet, saying the stock still has a lot of resistance on the way up, pointing to "ceilings running from $88 to $93."
Cramer: "Given the lack of anything bullish in this chart, Boroden wouldn't bet on Alphabet breaking through this ceiling."
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