Cramer Remix: Facebook and Amazon suffered from 'guilt by association' after Alphabet's earnings
"Amazon and Facebook actually saw their stocks go down today based on the theory that if Alphabet's doing badly, everybody's doing badly. That's just stupid. Nonsense," theAlphabet's shares slumped 7.5% on the day. Amazon and Facebook dipped 0.61% and 0.71%, respectively.
"In a rational world, Amazon and Facebook would've rallied on the news that they're beating the stuffing out of Alphabet," Cramer said. "Hey, at least you can buy the winners into weakness here — the market's stupidity can be your opportunity."Cramer said investors who bought Apple ahead of its first-quarter report made the right gamble.
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