Cramer offered investors a list of Nasdaq stocks he believes could make a comeback this year.
"Out of the Nasdaq's biggest losers, I think Qualcomm, Lam Research, Micron, and Airbnb will work this year, although not necessarily the first half," he said, adding, "and don't forget Illumina."Cramer said that while Wall Street expects the semiconductor company to start losing iPhone orders in 2024, it's possible the company could hold to at least some of those orders due.
The company's push into the auto market should also help the stock, he added."you can't afford to wait around too long after this next bad quarter, because Lam's stock will bottom months before the business does," he said.He advised investors to wait several months to buy shares of Micron, but make sure to do so before the chip glut is over. "Once there's any sign of a bottom, this thing will bounce back like crazy — always has," he said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Jim Cramer says he likes these 5 Nasdaq stocksCramer gave investors his top stock picks from the Nasdaq Composite on Thursday.
Lire la suite »
Jim Harbaugh: 'I expect that I will be enthusiastically coaching Michigan in 2023'Michigan coach Jim Harbaugh said Thursday that he expects to be coaching the Wolverines next season.
Lire la suite »
Jim Cramer Issues Warning on Binance: DetailsJim Cramer thinks SEC might be very worried about Binance, here's why Crypto JimCramer Cryptoexchange Trading Blockchain RegulatedCrypto
Lire la suite »
Jim Cramer explains the lesson to be learned from Friday's trading sessionCramer explained what takeaways investors should have from Friday's trading session.
Lire la suite »
Trillions: 23 ETFs for 2023 on Apple PodcastsOn this week's Trillions, we take a look at the 23 ETFs to watch in 2023. Here, psarofagis and scarletfu discuss $RSX, a Russia ETF that essentially froze after the invasion of Ukraine Listen on Apple podcasts:
Lire la suite »