Jim Cramer warns of market 'excess' as stocks surge

He said these widespread dramatic gains make him somewhat apprehensive, warning investors not to get too greedy.

"If you had the good fortune to participate in some of these seemingly excessive moves, I think you should give thanks to your gains," he said. "And that means taking some profits if you're sitting on a huge win, especially anything like a double or a triple in just over three weeks' time." He said he might have less trepidation if the runs were concentrated in one sector. He named a variety of fields including tech and anything related to artificial intelligence, fintech, space and alternative energy. He also looked at "Trump trades," or stocks that Wall Street has embraced as they anticipate what President-elect Donald Trump's term, like private prison operators and oil service companies.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Jim Cramer's top 10 things to watch in the stock market MondayTesla jumps on a report about looser self-driving regulation, while Nvidia shares are lower on a report about Blackwell servers.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market MondayWall Street is headed for a higher open as it kicks off a busy of week of earnings and economic data.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market MondayStocks opened little changed as investors await the U.S. presidential election on Tuesday.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market MondayPresident-elect Donald Trump's pick for Treasury secretary, Scott Bessent, is encouraging for Wall Street.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer says Monday's market action suggests some traders anticipate a Harris winCNBC’s Jim Cramer reviewed Monday’s market action, saying the session’s moves reflect investors who feel Vice President Kamala Harris could…
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »