Jim Cramer on What to Watch in FAANG

Credit: The Street
Published on June 11, 2019 - Duration: 02:05s

Jim Cramer on What to Watch in FAANG

What should investors be eyeing with FAANG now?

Jim Cramer breaks down what he's watching in the FAANG stocks as the House Judiciary Committee kicks off their hearing on big tech.

Here's what he's keeping a close eye on: Facebook : MoffettNathanson put out a bullish note on Facebook early Tuesday.

Analyst Michael Nathanson of MoffettNathanson upgraded shares of the social media company to buy from neutral with a $210 price target.

Alphabet : "Alphabet very tough because there's a Needham piece talking about the breakup of Alphabet that would yield a 50% upside.

Well, that was supposed to be the bane of their existence, but it looks like that's a positive.

I thought that was very, very good," explained Cramer.

Amazon : "Amazon just keeps rolling on," said Cramer.

He then added that it might be due to the fact that the "President hasn't attacked Amazon lately." Netflix : And, according to Cramer, Netflix is "everyone's favorite." More from Cramer Today Full Replay: What Monday's Mergers and Acquisitions Tell Jim Cramer About the Markets The Three Things Jim Cramer Watches For When a Company Announces M&A Plans Why Jim Cramer Says the Raytheon Merger Makes United Technologies a Buy Advice from Jim Cramer: Setting Up A Portfolio For Your Grandchildren

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