CNBC's Jim Cramer said tech stocks need more than an earnings beat to rally right now. They need a shortage.
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CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally.
“When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much love, even if you are one of the big dogs ... that reported after the close this evening.”
On Wednesday, four mega-cap tech companies — Alphabet
, Amazon
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