Research · CNBC Technology
Jim Cramer's strategy to avoid missing out on big winners
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CNBC's Jim Cramer on Wednesday offered investors a mental framework to make buying high-flying stocks easier to stomach.
Key facts
- The stocks of chipmakers Micron and Advanced Micro Devices and server maker Dell Technologies have surged as deep-pocketed investors aggressively bid for shares
- CNBC's Jim Cramer on Wednesday offered investors a mental framework to make buying high-flying stocks easier to stomach
- The insight comes as Cramer reflected on a wave of stocks tied to artificial intelligence and data center demand that he liked early in their rallies but didn't buy for the Charitable Trust
- In a hot market. you needed to have the discipline to pay up for great stocks to avoid missing out,'" the "Mad Money" host said
Summary
"In a hot market. you needed to have the discipline to pay up for great stocks to avoid missing out,'" the "Mad Money" host said. Cramer described a lesson from earlier in his career, when a trader he worked with would "divide stocks by 10" to reframe their prices and make it easier to commit to high-momentum names. "Would it kill you to pay $24 for a $23 stock? The insight comes as Cramer reflected on a wave of stocks tied to artificial intelligence and data center demand that he liked early in their rallies but didn't buy for the Charitable Trust, the portfolio used by the CNBC Investing Club.