The so-called FAANG stocks have enjoyed a bit of resurgence in recent weeks, but CNBC's Jim Cramer said Wednesday there's another part of th

Cramer says this group of tech stocks — not FAANG — is his favorite right now

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2021-07-01 22:30:07

The so-called FAANG stocks have enjoyed a bit of resurgence in recent weeks, but CNBC's Jim Cramer said Wednesday there's another part of the technology sector he prefers right now.

FAANG is acronym for mega-cap technology stocks Facebook, Amazon,  Apple. Netflix, and Google-parent Alphabet. FANG, minus Apple, was coined by Cramer. Microsoft is often be associated with the group, too, which some on Wall Street dub FANMAG.

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