CNBC's Jim Cramer on Thursday said investors shouldn't be treating their portfolios the same way that large hedge funds do.
Cramer reviewed Nvidia, Apple, Amazon and Tesla through this lens, saying they are"four companies with riveting stories and temperamental stocks."on Thursday said investors shouldn't be treating their portfolios the same way that large hedge funds do. Instead of trading in and out of good companies, they should invest long-term and be prepared for declines, he said.
Inevitably, even really solid companies will see their shares decline, Cramer said. But he cautioned it's not wise to jump out immediately. Stocks can sell off for a variety of reasons, he said, adding that it can be hard to get back in before they rebound.He stressed the long-term potential of Nvidia's products and the stock's history of huge growth.
California man gave random homeless woman $20 to watch granddaughter while he got drunk, sheriff says "As long as the thesis hasn't changed, you must resist the desire to give up on your favorite stocks," he said."No matter what you hear from the billionaire class and the hedge fund managers who want to cut their losses because they can't spare a spot on their portfolio sheets for what feels like a do-nothing stock."Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
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