Benzinga

Cramer Says These Cloud Stocks Are Ready To Rally

On CNBC’s “Mad Money,” Jim Cramer said some of the fast-growing cloud stocks seemed “ready to roar.” Analyzing charts based on technical analysis by Tim Collins, Cramer said ServiceNow Inc (NYSE: NOW) and Snowflake Inc (NYSE: SNOW) seemed to be “primed for a breakout,” He added that this makes sense because these companies were labor-saving and could continue to work even if other technology companies start feeling the pressure due to accelerating inflation. America’s annual inflation rate edged

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