June 22, 2024

Jim Cramer says it’s time for investors to take some profits

CNBC’s Jim Cramer on Thursday said the market’s had a significant run, and it may be time to ring the register.

One of Cramer’s core tenets is to never be greedy and take profits when you can. He suggested it may be time to take some shares off the table in part because the Federal Reserve’s rate cuts may not be as imminent as some on Wall Street expect, and some stocks with artificial intelligence exposure are starting to lose their luster.

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