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In a recent review of market action by CNBC’s Jim Cramer, he highlighted some key points that investors should pay attention to. Cramer pointed out that stocks like Nvidia and Eli Lilly, which have seen significant gains in the past, may be vulnerable to losses if they have already run up too much. This is an important reminder that even the best-performing stocks can experience setbacks if they become overvalued.
Using Nvidia as an example, Cramer discussed how the stock had dipped slightly due to concerns about competition from Intel. Despite this, Cramer remains bullish on Nvidia and believes that the company’s new chip, Blackwell, will outperform its predecessor. Similarly, Eli Lilly saw a decline in stock price despite positive news about a new factory in Germany. Cramer sees this as a buying opportunity once the dust settles.
In addition to stock-specific news, Cramer also highlighted the impact of tax season on investment decisions. He noted that taking profits from winning stocks to pay for gains can result in tax-related selling pressure, whereas owning underperforming stocks may offer some tax benefits.
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