"Jim Cramer: Big Tech Megacaps' Valuation Deserved"

1 min read
Source: CNBC
"Jim Cramer: Big Tech Megacaps' Valuation Deserved"
Photo: CNBC
TL;DR Summary

CNBC's Jim Cramer defends the high valuations of Big Tech megacap stocks, including Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla, stating that their trillion-dollar valuations are well-deserved due to their substantial revenue streams. He refutes comparisons to the dot-com bubble, arguing that these companies have nowhere to go but up and shouldn't be penalized for their dominance in the market. Cramer highlights the strong quarterly earnings of Apple, Meta, and Amazon as evidence of their justified valuations.

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