CNBC's Jim Cramer on Monday said a variety of companies, to their detriment, won't admit they're hurting due to certain ongoing economic trends.
"If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?" he asked. "If they'd just own up, I think they'd earn a lot of credibility for themselves, leading to higher stock prices down the line. Instead, their stocks languish, as investors try to assess what's really going on, and they presume the worst, not the best.
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