Cramer Remix: Alphabet is FANG's biggest conundrum [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
show chapters Stocks will only recover from Monday's dramatic sell-off if seven key things happen to brighten the outlook for the broader market, CNBC's Jim Cramer said as the major averages pulled back. The thinking behind today's action is surprisingly simple: money managers are buying the winners and selling the losers, he said on Mad Money. Unfortunately, there are a heck of a lot more losers than winners, and I want to put that into context because such behavior, frankly, is highly unusual this close to the end of the year. One of the things that needs to happen, Cramer said, is the FANG stocks — his acronym for Facebook , Amazon , Netflix and Google, now Alphabet — have to stabilize . But of all the FANG members, Alphabet is the biggest conundrum, he said. Class A shares of the Google and YouTube parent ended Monday trading 2.57 percent lower, at $1,049.36. Their stock is pretty inexpensive. They have more than [$]100 bi
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