Jim Cramer says it's time to take some profits in AI stocks

CNBC's Jim Cramer told investors it may be time to ring the register on AI stocks that have seen massive gains.

"Let's not be too greedy," he said."Remember, this remarkable, albeit limited, narrow, year — you don't want to spoil it by refusing to ring the register on every one of your stocks that may be AI."told investors it may be time to ring the register for many of these companies that have seen massive gains."Let's not be too greedy," he said.

"We know we've been feeling a little greedy, and it's quite unbecoming — when you have big gains, you need to take something off the table," Cramer said."I am still a true believer in Nvidia, but I don't want to be oblivious to the scale of this massive run.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street is set for a low-key open Thursday after the S&P 500, Nasdaq and Dow all closed at record highs.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayWall Street heads for a flat open Friday. Reddit shares jump in the premarket while Cracker Barrel slides.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market MondayStock futures were flat Monday as all three averages look to extend their winning streaks.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayPalo Alto Networks is better than it looks. Here's why.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayAI chipmaker Nvidia's earnings report after the bell Wednesday is the main event on Wall Street. Target falls after earnings. TJX climbs.
Source: CNBC - 🏆 12. / 72 Read more »