Jim Cramer warns investors not to ‘gamble’ on tech stocks despite recent gains

CNBC's Jim Cramer told investors to proceed staying distant from tech stocks, adjacent aft their gains connected Monday.

"Just remember, if you were buying tech present disconnected immoderate weaker macroeconomic numbers, you're not investing, you're simply gambling," helium said.

The tech-heavy Nasdaq Composite marked its 2nd time of gains connected Monday after caller economical information from the week earlier raised hopes that ostentation is easing and the Federal Reserve could dilatory its gait of involvement complaint hikes. 

The Dow Jones Industrial Average and S&P 500 some fell, though gains successful the latter's accusation exertion assemblage helped minimize losses.

"These short-term assemblage rotations similar we saw contiguous — they're irrelevant due to the fact that they can't last. Think renters, not owners. The fundamentals, present they last," helium said. 

In different words, tech stocks stay overvalued successful a marketplace that volition proceed to spot pain, contempt its caller gains, Cramer explained. He said tech companies whose stocks soared volition apt person to chopped expectations erstwhile they study earnings, which means their stocks volition fall.

Cramer reiterated his stance that investors should suit up with recession-resistant stocks successful sectors specified arsenic wellness care, industrials, lipid and aerospace.

"They were clobbered by the extremity of the day, and I deliberation galore of them really represented immoderate large [buying] opportunities," helium said.