"The money managers have taken back control of the market. And they don't want to pay 100 times sales; they prefer to pay 10 times earnings," Cramer told CNBC's
pointing out that pros lately are avoiding high-fliers with lofty valuations in favor of less-flashy names tied to the easing of Covid mitigation restrictions on businesses.
Pro Been a great since 2009 and last year and this has been the best ever. It's all about cycles.
Pro thanks for this news
Pro You mean the suits(
Pro Ouch. Too soon.
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