tech
As Micron enters the $1 trillion club, see Jim Cramer’s take on 9 other members
CNBC's Jim Cramer said Micron reaching a $1 trillion valuation marks a new era in markets and ran through the stocks in the trillion-dollar club.
TL;DR
- Micron's market cap reaching $1 trillion highlights AI's transformative impact on the market.
- Cramer believes AI has made joining the trillion-dollar club more attainable.
- He suggests Nvidia should adopt Apple's former capital return strategies.
- Cramer is bullish on Alphabet's diverse growth engines, including Google Cloud and Waymo.
- He thinks investors underestimate Apple's AI ecosystem and hardware advantage.
- Cramer remains confident in Microsoft's ability to navigate AI challenges.
- He has become more bullish on Amazon, particularly its custom semiconductors.
- Broadcom is identified as an AI winner due to its custom chips and leadership.
- Tesla should be viewed as an AI and robotics company, not just an automaker.
- Cramer expresses uncertainty about Meta's future beyond its current platforms.
- He questions Berkshire Hathaway's appeal post-Warren Buffett's departure.