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Cramer reacts to Amazon, Alphabet, Apple and Facebook earnings


CNBC’s Jim Cramer on Thursday rejected the concept Big Tech shares could also be “ridiculously expensive.”

After sifting by means of the earnings reviews posted by Amazon, Alphabet, Apple and Facebook, the “Mad Money” host mentioned the thought is “insane.”

“In most cases, the earnings estimates were way, way, way, way, way, way, way too low,” he mentioned as a part of his first response to their outcomes from the September quarter. “That’s exactly what you’d expect from best-of-breed companies that are growing into their enormous market capitalizations every hour, every minute of the week.”

Despite sturdy reviews from 4 of probably the most worthwhile parts on the S&P 500, solely the inventory of Alphabet, the guardian of Google, was up within the aftermarket.

Below are Cramer’s reactions to every of their outcomes:

Alphabet

Amazon

Facebook

Apple

Disclosure: Cramer’s charitable belief owns shares of Amazon, Facebook, Apple and Alphabet.

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