Jim Cramer warns investors: Get used to shrinking valuations for once high-flying stocks

That wasn't a concern for many investors earlier in the fall, he said, evidenced by the fact Dutch Bros' shares got as high as $81.40 on Nov. 1. It closed Tuesday's session at $49.69. Over the past month, the stock is down nearly 20%.

While Cramer acknowledged Dutch Bros may continue on its growth trajectory, adding many more stores across the U.S. and reaching sustained profitability, he said it's simply not top of mind for many investors at present. "When we're worried about a Fed-mandated slowdown and nobody's willing to pay up for the phantom, possible earnings more than a decade down the road, well, good luck," Cramer said.

What? In the greatest economy he’s ever seen? How can that be? SellSellSell

🚨BeachBoyz the first 3D Metaverse NFT Play2Earn social simulation game primed for mass adoption, with the goal of dominating the NFT gaming sector by delivery a fully functional, scalable, and interoperable metaverse where the community shapes the project through smart DAO.🚀

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Adobe, Cloudflare lead plunge in cloud stocks after JPMorgan issues wave of downgrades on valuation concernsIn a report suggesting that valuations are stretched, JPMorgan analysts downgraded Adobe, Datadog, Cloudflare, Zscaler and other software stocks. 😍😍🤩🤩🤩🤩🤩🤩😍😍😍 What a bunch of clowns. When did valuations matter for these guys? They upgraded Apple and Tesla… Just getting started on the 'downgrades'
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »