Jim Cramer's Expert Tips for Spotting Buying Opportunities in a Falling Stock Market
Whether a stock decline is a buying opportunity or a red flag depends on the industry, according to Jim Cramer. PayPal, which posted top- and bottom-line beats, fell due to weaker-than-expected guidance, while Skyworks, a semiconductor firm, was saved by its tech connections. Cramer advises considering a tech blow-up as a possible buying opportunity, but taking a hard pass on financial trashing. Ultimately, it comes down to the viability of a given industry.