I will not abandon tech stocks because the end of their downturn is near

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VIEW IN BROWSER | JOIN THE CLUB Jim Cramer @jimcramer "In the old days, we would go this low in tech and it would trigger a giant rally. Maybe the catalyst was a takeover. Maybe it was the recognition that these stocks had all become too cheap. Or we would hear that some gigantic technology fund had blown up, the selling was over, and now it was time to swoop in and buy.   This time we have no catalyst. On Friday, the tech-heavy Nasdaq Composite fell nearly 4% in a broad-based sell-off on Wall Street. The stocks, as we say, want to go down. The tech names have somehow become the most sensitive to the dollar and to the alleged slowdown in the internet.   There's also the problem of too many software names. Venture capital funds have become lovers of anything related to software and can easily jam these stocks down the throats of greedy brokers. Consequently, we just don't know what to do with them all. When you have an Adobe (ADBE) and a Service Now (NOW) deliver perfectly good quarterly numbers and the stocks still get hammered, that's soul searching time. There are tons of companies like them and they are all doing well enough not to fall precipitously — unless we have another day like Friday."   Subscribe to The Investing Club to read the rest of my article about tech stocks, and my case for holding on. By joining my investment club, you'll be able to access not only my editorials, but gain the tools and insight for managing your own portfolio with one goal in mind, to make you money. -Jim Cramer   Read More     Read More   Join The Investing Club.  What perks do members get? See behind-the-scenes market analysis from Jim Cramer with exclusive access to his Charitable Trust, CEO guests, expert Wall Street analysis, and access to the Bullpen. How will I interact with Jim? Get access to daily and monthly meetings with Jim by joining his live Club meetings with audience Q&A, CEO interviews, and deep discussions of Jim's strategy & The Portfolio. What will I get as a member? Get advice from Jim & team to manage a real investment portfolio within the Trust as a teaching tool for managing your own portfolio, have his own money at risk, and share his investment ideas and trading strategy.  What sort of info will I see? Receive trusted analysis on recommended stocks, market developments, and education to asses risks and make informed investment decisions. Become a Member BY SIGNING UP TO RECEIVE THE CNBC INVESTING CLUB NEWSLETTER, YOU AGREE TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH OUR DISCLAIMER.  NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.  NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED. Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS