Cramer breaks down why you should prepare for more market pullback

Pinterest is trading at 17-times 2019 sales, while Zoom is selling at 47-times sales, he noted.

Carmer said he does not endorse paying more than 10-times sales for any stock, even the fasts growers, because it could come back to haunt him in forthcoming quarters: "It's all fun and games until someone gets hurt." "You don't make big money in IPOs like this Beyond Meat deal at the start of a major move. You tend to get this kind of action at the end, and I don't want anyone to get hurt here," he said. "That's why I think you should do some trimming and raise some cash ... You can put it to work if the market gets hit."

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Cramer Remix: Facebook and Amazon suffered from 'guilt by association' after Alphabet's earnings shortfallCramer Remix: Facebook and Amazon suffered from 'guilt by association' after Alphabet's earnings The computers at the big houses manipulating the market only need a small indicator to begin a sell off, buy it again after a 3% decline, let it come back up, and rinse and repeat
Source: CNBC - 🏆 12. / 72 Read more »