Jim Cramer says these 10 tech and software stocks can make a comeback

CNBC's Jim Cramer connected Tuesday named hammered tech stocks that helium believes tin marque a comeback aft the Federal Reserve finishes tightening the economy.

Here is his list: 

1. Amazon
2. Microsoft
3. Alphabet
4. Tesla
5. Netflix
6. Apple
7. Salesforce
8. ServiceNow
9. Adobe
10. Workday

"Nearly each of these, prevention Apple, are variations connected the aforesaid communicative — stocks that were chopped successful fractional erstwhile their businesses had nary specified comedowns," helium said, adding, "Their stocks conscionable got mode up of themselves earlier the Fed took distant that casual money."

Tech stocks plummeted this twelvemonth aft climbing to stratospheric levels during the tallness of the pandemic. Persistent inflation, the Fed's complaint hikes, Covid-19 lockdowns successful China and Russia's penetration of Ukraine drove investors retired of risky tech stocks and into safer bets.

At the aforesaid time, fears astir an impending recession person led investors to prioritize profitability successful a institution implicit growth. Once-prosperous tech companies person cut thousands of jobs crossed the manufacture successful an effort to chopped costs.

Cramer explained that absorption connected the dot-com illness belies the stocks that whitethorn past this play of economical downturn. "Back then, it was the champion of breed that yet managed to rebound — the remainder of them conscionable ne'er came back," helium said.

Cramer besides predicted that determination are galore pandemic plays that apt won't retrieve from this year's challenges.

"Once the Fed relents, I'd overmuch alternatively beryllium successful Big Tech, oregon the apical unreality plays, oregon the better-run chipmakers similar AMD and Nvidia," helium said.

Disclaimer: Cramer's Charitable Trust owns shares of AMD, Amazon, Apple, Microsoft, Nvidia and Salesforce.