Cramer: ‘Don’t be aggressive’ but look to buy tech stocks like Apple that are way off highs

Tim Cook, CEO of Apple
Source: Apple Inc.

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CNBC's Jim Cramer on Thursday advised investors to continue to take advantage of the September pullback in Big Tech.

While the FAANG names — Facebook, Apple, Amazon, Netflix and Alphabet's Google — largely bounced in early Thursday trading, they were all still down double-digits on a percentage basis from their recent highs.

Microsoft, which has followed a similar pattern, was also up.

"I do think that we're a little oversold, and you can pick at things that are down 20, 30 [percentage] points from the high," Cramer said  "Squawk on the Street." "Don't be aggressive, please." 

Cramer's comments came as premarket trading indicated a down open after Wednesday's plunge. Stocks initially fell. But about 30 minutes in, the Dow Jones Industrial Average, S&P 500 and Nasdaq turned positive, and then went back and forth.