Jim Cramer Warns Against Chasing Stocks Already Up '30% Or 40%' For The Year, Says It's 'A License To Lose Money' - JPMorgan Chase (NYSE:JPM), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)
Benzinga·2026-01-09 11:37
CNBC commentator, Jim Cramer has cautioned investors against hastily buying stocks following the recent market surge, warning that doing so could lead to financial losses.Cramer Warns Against Chasing Hot StocksCramer, the host of CNBC’s “Mad Money,” advised investors to exercise caution and avoid purchasing stocks that have already seen a significant increase in value. He suggested that it’s better to wait for better entry points instead of chasing stocks that have already risen by 30% or 40% in the year.He ...