Cramer Remix: Don't make this mistake during earnings season

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Jim Cramer explains the dangers of making investment decisions before listening to the conference call.

Reacting to the headlines to make investment decisions can mislead investors that are "trigger happy," the"Don't buy or sell anything based on earnings until you've listened to the actual conference call," he warned., which, after posting weaker-than-expected quarterly earnings, sold off $3 before closing up $5 on Tuesday. Investors that took a risk and bought shares on the weakness made as much as an $8 swing, he said.

"During earnings season, the headlines come so fast and furious that I think a lot of those headlines are written by machines. They're not great at capturing nuance," Cramer said. "If you waited for the conference call, you would've hurt management say they were disappointed about some line items, but generally they told a story of growth, despite rough conditions."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

.....little n----rs

What mistake? Listening to Kudlow hahahahahahahahahaha

Donald's right

I know....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines