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Here's why Cramer says he still doesn't like high-multiple tech stocks

Jim Cramer says he still doesn't like high-multiple tech stocks
VIDEO2:4402:44
Jim Cramer says he still doesn't like high-multiple tech stocks

CNBC's Jim Cramer said Monday he believes investors should continue avoiding richly priced technology stocks in an environment of rising bond yields.

"I like the market OK. I still don't like high-multiple tech," Cramer said on "Squawk Box." "I think that's the wrong place to be."

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