Jim Cramer advises against trading immediately after earnings reports due to misleading price fluctuations.
Jim Cramer of CNBC advises investors to refrain from trading immediately after earnings reports, as stock price movements during this time can be arbitrary and misleading. He describes this phase as a "sloppy" reevaluation by Wall Street, where prices fluctuate widely. Cramer warns that casual investors often incur losses by attempting to capitalize on these initial reactions and suggests that stock evaluations should be made individually, not based on one company's results.
October 15, 2024
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