Jim Cramer says Wall Street is punishing the wrong tech stocks

Impact · against what's priced in

The article provides no new fundamental catalysts for the mentioned tech stocks, as it primarily offers commentary on short-term price volatility caused by peer-group contagion. For Micron and Microsoft, the claims regarding their relative strength are already captured in their valuations, while the negative news for Fortinet is a confirmation of existing headwinds.

FTNT−0.10

Already priced in

The price assumes

A deceleration of the refresh cycle or contraction of free cash flow margins