'Mad Money' host Jim Cramer explains Monday why he believes investors should wait to buy the stocks of companies that are reporting quarterly results soon.
CNBC's Jim Cramer on Monday recommended investors take a wait-and-see approach toward shares of companies that are about to report quarterly numbers.
"In this environment, it's always going to be fragile on the upside and easy on the downside, because the bears … have the upper hand. Just keep in mind you should never buy this market when it's up. That's a fool's game. I want you to wait for weakness like we had [Monday] before you ever pull the trigger," the "Mad Money" host said from the floor of the New York Stock Exchange, the show's new broadcast home.
As of Monday's close, IBM was one of only seven stocks in the 30-stock Dow Jones Industrial Average to be higher year to date. However,after the company reduced its 2022 cash forecast, even though its second-quarter results beat on the top and bottom lines.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jim Cramer gets trolled before ringing the opening bell on MondayLet's just say the last few times the 'Mad Money' host rang the bell, the markets didn't do so well, as Twitter and WallStreetBets users were quick to remind us
Leer más »
Watch Jim Cramer's full interview with billionaire investor Ken Langone'Mad Money' host Jim Cramer interviewed billionaire investor Ken Langone on Monday's episode of the show, which is now being broadcast from the floor of the New York Stock Exchange.
Leer más »
Jim 'Mattress Mack' McIngvale bets $2 million for Astros to win World SeriesJim McIngvale, also known in Houston as 'Mattress Mack,' is continuing his tradition of placing big bets on the Houston Astros to win the World Series.
Leer más »
Justin Trudeau's summer haircut draws comparisons to Jim Carrey in Dumb and DumberJustin Trudeau is channeling Jim Carrey\u0027s Dumb and Dumber hairdo as he heads into a hot boy summer.
Leer más »
Jim Cramer gets trolled before ringing the opening bell on MondayLet's just say the last few times the 'Mad Money' host rang the bell, the markets didn't do so well, as Twitter and WallStreetBets users were quick to remind us
Leer más »