Cramer says this group of tech stocks — not FAANG — is his favorite right now – CNBC

Maurice Tsai | Bloomberg | Getty Images

The so-called FAANG stocks have enjoyed a bit of resurgence in recent weeks, but CNBC’s Jim Cramer said Wednesday there’s another part of the technology sector he prefers right now.

FAANG is acronym for mega-cap technology stocks FacebookAmazon,  Apple. Netflix, and Google-parent Alphabet. FANG, minus Apple, was coined by Cramer. Microsoft is often be associated with the group, too, which some on Wall Street dub FANMAG.