CNBC's Jim Cramer on Wednesday warned investors against staying in volatile stocks — especially related to quantum computing — urging them to be wary of market froth.
"I can't be part of this froth," he said. "I always want you to stay in this game, but I couldn't save the people who refused to sell their red-hots. They were too greedy. And then they were too poor." Cramer in particular pointed to quantum computing, a sector he thinks has been "the worst of the excess" that got hit hard on Wednesday. He attributed this decline toCEO Jensen Huang, who said useful quantum computers are many years away. Quantum computing stocks took a nose dive by close, with
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Jim Cramer Warns Investors Against Frothy Quantum Computing StocksCNBC's Jim Cramer cautions investors against remaining in volatile stocks, particularly those associated with quantum computing, highlighting the dangers of market froth.
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Jim Cramer Warns Investors Against 'Frothy' Quantum Computing StocksCNBC's Jim Cramer cautions investors against holding volatile stocks, particularly those linked to quantum computing, emphasizing the risks of market exuberance.
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Jim Cramer Warns Investors of 'Frothy' Quantum Computing StocksCNBC's Jim Cramer advises investors to avoid volatile stocks, particularly those in the quantum computing sector, warning of market overexuberance. He cautions against chasing hype and emphasizes the importance of focusing on fundamentals.
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