Jim Cramer Lists 3 Tech CEOs He's Giving 'the Benefit of the Doubt'

Who are the three CEOs?

Cramer, the host of CNBC's "Mad Money," gave this information during the show. He said 2023 is a mulligan year for many CEOs, naming Alphabet Inc. (NASDAQ: GOOGL) CEO Sundar Pichai, Amazon.com Inc. (NASDAQ: AMZN) CEO Andy Jassy, and Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg as three company leaders being given a "pass" for several reasons.

What reasons did Cramer mention for this?

Cramer acknowledged several missteps by each of these CEOs but believes that if he were on their boards, he'd give them a chance to turn their companies around.

Cramer said Pichai "blew the quarter" by continuing to invest in "moonshots" while the core search business is slowing down. However, he also noted that Pichai is "smart as hell" and has a "good track record."

As for Jassy, Cramer said he has "wrecked" Amazon's profitability with the company making many expensive acquisitions. However, he also said Jassy is "brilliant" and has a "great long-term vision."

Cramer said Zuckerberg has made "one mistake after another" with Meta's metaverse project. However, he also said Zuckerberg is a "great entrepreneur" and has "a lot of cash."

What is the overall takeaway from Cramer's comments?

Cramer believes that these three CEOs are all capable of turning their companies around. However, he also acknowledges that they have all made some mistakes. Cramer is willing to give them a chance to prove themselves, but he is also keeping a close eye on their progress.