Cramer breaks down why you should prepare for more market pullback

📆 03/05/2019 03:16:00
📰 CNBC

⏱ Reading Time:
30 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

'I am pretty sanguine about this market longer-term, but the disciplined thing to do right now is to raise a little cash, prepare for a pullback' to do more buying, Jim Cramer says.

Pinterest is trading at 17-times 2019 sales, while Zoom is selling at 47-times sales, he noted.

Carmer said he does not endorse paying more than 10-times sales for any stock, even the fasts growers, because it could come back to haunt him in forthcoming quarters: "It's all fun and games until someone gets hurt." "You don't make big money in IPOs like this Beyond Meat deal at the start of a major move. You tend to get this kind of action at the end, and I don't want anyone to get hurt here," he said. "That's why I think you should do some trimming and raise some cash ... You can put it to work if the market gets hit."

Scrivi un Commento

How many times do you have to be wrong before you're exposed as a fraud?

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Cramer Remix: Facebook and Amazon suffered from 'guilt by association' after Alphabet's earnings shortfallCramer Remix: Facebook and Amazon suffered from 'guilt by association' after Alphabet's earnings The computers at the big houses manipulating the market only need a small indicator to begin a sell off, buy it again after a 3% decline, let it come back up, and rinse and repeat
Fonte: CNBC - 🏆 12. / 72 Leggi di più »