Jim Cramer says investors should eye these three tech names in the Nasdaq 100

Jim Cramer says investors should eye these three tech names in the Nasdaq 100


CNBC’s Jim Cramer on Tuesday told investors his three stock picks from the worst- and best-performing stocks in the Nasdaq 100 during the first half of this year.

“Tech stocks were horrendous in the first half. … No Apples, no Googles, no semis, no software as services – just default names that show you that tech’s become absolutely hated, maybe so hated that I think we could see a serious bounce,” he said.

“When it comes to tech, FANG went into a portfolio manager-induced coma in the first half and Netflix was the first to be put under. What else is there to say, except that if any stock has fallen hard enough … then there’s certainly hope for a resuscitation,” he added, referring to his acronym for Facebook-parent Meta, Amazon, Netflix and Google-parent Alphabet.

To illustrate his point, the “Mad Money” host listed the five worst and five best performers in the Nasdaq 100. 

Out of the 10 names, he highlighted two stocks as potential buys.

Here is his list of the top five best performers in the Nasdaq 100:

  1. Vertex Pharmaceuticals
  2. Activision Blizzard
  3. T-Mobile
  4. Constellation Energy
  5. Seagen

Out of these names, Cramer said that he thinks investors should buy shares of Seagen, especially given speculation that Merck could make a bid for the biotech company, according to The Wall Street Journal.

T-Mobile is also a buy, he said, predicting that the company will have a great performance in its next quarter.

Next, Cramer went over the five worst performers in the Nasdaq 100. 

Here is his list:

  1. Netflix
  2. Align Technology
  3. PayPal
  4. DocuSign
  5. Okta

Cramer said that he believes Align is attractive at its current price. “I think it can make a slow and steady comeback,” he said.

Disclosure: Cramer’s Charitable Trust owns shares of Alphabet, Amazon and Meta.

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the “Mad Money” website? [email protected]





Source

This is why Jamie Dimon is so gloomy on the economy
Business

This is why Jamie Dimon is so gloomy on the economy

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]

Read More
Summer rentals in the Hamptons are down 30%
Business

Summer rentals in the Hamptons are down 30%

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]

Read More
Costco tops earnings and revenue estimates as sales jump 8%
Business

Costco tops earnings and revenue estimates as sales jump 8%

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Shares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains. Here’s how the warehouse club retailer did […]

Read More