Jim Cramer says buy these best-of-breed tech stocks first as Nasdaq gets hit

CNBC's Jim Cramer on Tuesday laid out a strategy for equity investors who are trying to navigate this week's Nasdaq Composite slide.

The "Mad Money" host has said he sees this rotation out of technology stocks as largely a result of investors taking profits in winning positions and deploying profits in parts of the market that have lagged.

But it won't last forever, Cramer said Tuesday while pointing viewers toward a cohort of tech stocks he believes will be the first to bottom. He called this group the "red hots" and said it's the leading place to look for buying opportunities in that industry.

"These are companies that did absolutely nothing wrong. ... They reported better-than-expected results top and bottom, forecasted higher growth, yet their stocks are still getting crushed this week," Cramer said, ticking off the following firms: $Alphabet-C(GOOG.US)$ $Alphabet-A(GOOGL.US)$ $Microsoft(MSFT.US)$ $Roblox(RBLX.US)$ $Advanced Micro Devices(AMD.US)$ and $NVIDIA(NVDA.US)$