Jim Cramer: Don't Get Caught Up In Downgrades, Stick With Solid Companies

CNBC's Jim Cramer holds that there's merit to sticking with solid companies even if their prices fluctuate.

He acknowledged that Amazon is facing some hurdles, but he disagreed with Wells Fargo's downgrade of the stock.told investors not to get caught up in downgrades or general trading on Wall Street, reiterating his stance that there's merit to sticking with solid companies even if their share prices fluctuate.

"When I look at the history of this incredible bull market—and it has been an incredible bull market—it's littered with 'buy-to-hold, hold-to-sell, buy-to-hold, hold-to-sell,' these downgrades that scare you out of amazing stocks at levels that may temporarily be too high, but will recover later," he said. "If you listen to the downgrades, though, you'll never recover with it."declined 1.18%.

"Wall Street is addicted to trading," Cramer said. "But if you're managing your own money, you should not be listening to all of this trading advice. You can't afford to do what they want you to do because trading is a full-time job."

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jim Cramer: 'Don't freak out' about Fed rate-cut size, focus on stocks that benefit'We're missing the forest from the trees,' Cramer said Monday.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer Says Fed Rate Cuts Don't Help Tech StocksCNBC's Jim Cramer argues that the Federal Reserve's interest rate cuts primarily benefit companies reliant on consumer spending and don't significantly impact tech stocks. He asserts that large tech companies are focused on AI automation and enterprise solutions, making them less dependent on lower rates.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street is set to open sharply higher Thursday, with the Nasdaq looking especially strong.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycleCNBC’s Jim Cramer on Thursday reviewed stocks that have historically performed well just after the a cutting cycle starts and endorsed his favorites.
مصدر: nbcsandiego - 🏆 524. / 51 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market FridayWall Street is heading for a muted Friday open, one day after a delayed Fed-induced rally.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »