We recently published a list of Since SharkNinja, Inc. (NYSE:SN) ranks 10th on the list, it deserves a deeper look. Jim Cramer in a program last week tried to make sense of the decline in tech stocks, saying companies with the “best fundamentals” got “hammered once again.
” “I did not expect that to happen.” Cramer said that sometimes it’s difficult to own the “winners.” The CNBC host said it’s important to understand the bear cases around stocks otherwise you will never know what “you are up against.
” Jim Cramer tried to find out whether the latest decline in top tech stocks was just a “periodic selloff” that presented an “opportunity.” “When we get this kind of rotation, you never know whether these stocks are selling off because there’s something wrong or because they are up huge.” Jim Cramer pointed to a caveat when it comes to holding winning stocks.
When you have the losers, there are no profits, but when you own winners in your portfolio, you can see losses because people want to take some profits off the table, Cramer said. The CNBC host said when top stocks go down, people holding those in their portfolios often end up thinking about whether they should also sell these stocks and if something has “changed.” “From what I can tell you, nothing has changed about the stocks we are going talk about tonight.
But it is true that the stocks are a heck of a lot more expensive than they were one year ago.” In this program, we took a.