This Is Not the FANG Rebound I Wanted, Jim Cramer Says

After a two-day selloff, FANG stocks (Facebook (FB) - Get Report , Amazon (AMZN) - Get Report , Netflix (NFLX) - Get Report and Google/Alphabet (GOOGL) - Get Report ) are rebounding. 

"Don't get overconfident in FANG," Cramer said.

Cramer also likes Alibaba (BABA) - Get Report and would buy the stock at current levels. 

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