CNBC's Jim Cramer reviewed Tuesday's market action, saying stocks that saw losses — like Nvidia and Eli Lilly — remain winners but had simply run too much.reviewed Tuesday's market action, saying stocks that saw losses — like Nvidia and Eli Lilly — remain winners but had simply run too much.
"The stocks that pulled back today have everything going for them, except that they've already run so much that they've become vulnerable," he said.He underscored his belief that the greater a stock's gains, the more vulnerable it is to losses, adding that the"greatest stocks of this very moment mostly got pummeled" while the"subpar performers of the last year finally had their day in the sun.", one of his favorite stocks, as an example.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business 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 TuesdayNvidia unveils a more powerful chip platform with an operating system for accelerated computing and generative AI.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street looks pretty non-committal for a second straight session as investors look ahead to this week's two inflation reports.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer’s guide to investing: How did Cramer become interested in the market?CNBC's Jim Cramer explains what drew him to the stock market as a kid.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer Reviews Market Action, Highlights Vulnerability of Overperforming StocksCNBC's Jim Cramer reviews Tuesday's market action, emphasizing that stocks like Nvidia and Eli Lilly, which experienced losses, remain winners but have become vulnerable due to their significant gains. He also mentions how the top-performing stocks of the moment faced a decline, while underperforming stocks from the previous year had a positive day.
Source: nbcsandiego - 🏆 524. / 51 Read more »