Wall Street Is Too Fixated on the High Valuations of Tech and Speculative Stocks, Cramer Says

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says

CNBC's Jim Cramer examined Tuesday's market action.

Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says – DG Verifications & Stats

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Wall Street speculative expertise excessive appraisal Jim Cramer

CNBC’s Jim Cramer really useful Wall Street is as effectively targeted the on massive assessments of particular expertise and speculative provides, liquid chalking up Tuesday’s market-wide lower partly to Palantir‘s nearly 8% loss regardless of stable revenues outcomes. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately think of the high-flying speculative stocks or those in …

Wall Street joins global sell-off as tech stocks drag and Tesla tumbles

Wall Street extended losses by midday Tuesday, joining a global equity sell-off as investors reassessed stretched valuations and the outlook for U.S. interest rates. The S&P 500 was down 1.3%Read More...