Welcome to Extreme Investor Network!
As experts in all things money, we are constantly analyzing market trends and providing valuable insights to help investors make informed decisions. Today, we want to share with you some unique information about Google’s market debut and the advice from CNBC’s Jim Cramer.
On the 20th anniversary of Google’s market debut, Jim Cramer reflected on the stock’s impressive climb and emphasized the importance of sticking with good companies for the long term. Despite short-term fluctuations, holding onto long-term winners can lead to substantial gains.
Google stock has soared more than 7,700% since its IPO, but many investors did not fully capture this growth as they sold too early. Cramer urges investors to trust in great companies and resist the urge to panic during market fluctuations.
While Cramer has reservations about Google, particularly its antitrust lawsuit and potential AI challenges, he acknowledges the company’s ability to innovate and generate substantial returns. Google’s success in reinventing itself, especially in its cloud business, has been a key driver of its growth.
Along with Google, other tech giants like Amazon, Apple, Microsoft, and Nvidia are also subject to market dynamics. Cramer warns against selling these stocks out of fear, as they have proven to be resilient and offer strong long-term prospects.
At Extreme Investor Network, we believe in providing valuable insights and analysis to help investors navigate the ever-changing market landscape. Stay tuned for more expert advice and unique perspectives on investing!
Disclaimer: The CNBC Investing Club Charitable Trust holds shares of Alphabet, Amazon, Apple, Microsoft, and Nvidia.
Jim Cramer’s Guide to Investing
Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.
Have questions for Cramer? Call 1-800-743-CNBC or connect with him on Twitter (Mad Money, Jim Cramer), Facebook, or Instagram. For website inquiries, email [email protected].