Cramer's 3 reasons why profitable tech stocks are getting hit in the market

CNBC's Jim Cramer connected Monday offered 3 reasons wherefore tech firms, including companies with beardown equilibrium sheets, are seeing symptom successful the banal market.

The "Mad Money" host, who is filming the amusement from San Francisco this week, reiterated his informing against unprofitable companies from earlier this twelvemonth but acknowledged that adjacent firms with beardown financials person been feeling the heat.

He gave 3 reasons wherefore this mightiness beryllium the case:

1. The beardown U.S. dollar and the Europe vigor situation are making companies much frugal with their purchases. "The underlying companies marque products that their clients tin unrecorded without successful an progressively pugnacious planetary economy," Cramer said.
2. The Federal Reserve mightiness privation stocks down. The cardinal slope needs ostentation to travel down by immoderate means necessary, which means the marketplace could get uglier, Cramer said.
3. The company's idiosyncratic performances could person been lacking. "I hap to deliberation Adobe's a terrific company, but its concern has been slowing," helium said.

Cramer added that the jury's inactive retired connected whether tech volition enactment crushed, oregon if this is an accidental to bargain the dip.

"Has the sell-off gone excessively far, though, oregon is this simply a rolling nightmare that's not going to extremity anytime soon? I mean, that's the question," helium said.