Life's all about tough choices and investing in technology stocks is no different, said Jim Cramer during the June Action Alerts PLUS members' call.
"Tech's tough because just like we try not to look at the bases of the ones we are down on, we have absurdly low bases on Microsoft Corp. (MSFT) , Facebook Inc. (FB) , Amazon.com Inc. (AMZN) , Apple Inc. (AAPL) and Alphabet Inc. (GOOGL) ," Cramer said. "But we have no desire to sell them."
That's because all of those firms have "tremendous" earnings power and tend not to show it. But Cramer said his team had to "trim" its holdings in Facebook, Alphabet and Apple to get in on Amazon.
"We didn't Rob Peter to pay for Paul. We took profits in FANG to pay for Amazon," Cramer said.
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