Making Financial Headlines · Page 10
Cramer Asks Markets to Stop Grading Every Tech Stock With One Red Pen
· New York time
Jim Cramer says Wall Street is punishing the wrong tech stocks after disappointing results from one company. His assessment is that a weak report does not necessarily spell trouble for an entire industry. That leaves investors with the less dramatic task of separating businesses rather than assigning them a group grade. Markets can move quickly when a prominent company disappoints, but rivals need not have the same customers or results. The red ticker offers instant company; the actual comparison takes longer.
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