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Jim Cramer says investors should avoid buying stocks near their highs after the market's recent rally
CNBC· 2026-01-07 23:56
CNBC's Jim Cramer said Tuesday that investors should grow more selective after the market's recent run, warning that buying stocks near their highs is often "a license to lose money."On a volatile session that saw sharp moves across major indexes, Cramer said investors should resist chasing stocks already up 30% or 40% for the year and instead wait patiently for better entry points.The Dow Jones Industrial Average fell 466 points to close the session, or 0.94%.Cramer cautioned against late-cycle enthusiasm ...