Cramer tells 'newbie' market investors it's not too late to lock in tech stock profits

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Newbie investors beware. MadMoneyOnCNBC's jimcramer says new investors riding the recent tech highs should learn from 2000's woes.

, saying the only way to make money after the market's robust rally from coronavirus-era lows was to "take something off the table.", seeing the big sell-off in late February and into March as a buying opportunity.

"We didn't scream 'sell' enough in 2000. We can't do that now," Cramer said. "You should've sold then and therefore, maybe you should have sold now."Cramer said people who made fortunes on paper by investing in hot tech stocks during the dot-com boom saw their gains disappear when the market sold off.

 

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

MadMoneyOnCNBC jimcramer the strong tech names will be fine. seriously do real work and have the conviction to stop blowing like the wind & avoid having the emotional stability of a four year old where will these names be in six months? 12 months? new ath’s this is factually NOTHING like 2000. relax

MadMoneyOnCNBC jimcramer The tech bubble is not a good comparison more like a crypto bubble people put money in multiple companies thinking all of tech would win then multiple went out of business. Betting on established companies such as Apple and Tesla is completely different.

MadMoneyOnCNBC jimcramer Shoulda sold last Tuesday, September 2, 2020 when all the talking heads were delighted with such a wonderful economy.

MadMoneyOnCNBC jimcramer Where was his works of wisdom weeks ago? LMAO!

MadMoneyOnCNBC jimcramer every generation needs a bubble

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen inching higher as investors watch data, U.S. techEuropean markets are set for a muted open Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week's rout, while awaiting key economic data due out of the euro zone. U.S. Tech Sector Elise_Jordan OMFG MSNBC This is Bullsshit. Explaining it Fundamentally U.S. sucks. other ppl are cool and I like IPhones.... hmmmm jimcramer global equities to BULLS US tech stock will trade higher as healthy sell-off seen recently Please help me share my new video against vacuous Donald J. Trump! 👍
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Tech wreck continues, Tesla plunges, Apple falls 4%This is CNBC's markets live blog that will be updated throughout the day. The dumb money was suckered in, now it's having the rug pulled out from underneath them by the smart money. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. MAGA?
Source: CNBC - 🏆 12. / 72 Read more »