Jim Cramer names hot sectors that could use a pullback [CNBC]
Pfizer, Inc. (PFE)
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Source: CNBC
“We have a lot of overly loved stocks in this market right now,” he said. “But many of them deserve love, just not at these levels.” CNBC's Jim Cramer on Thursday suggested the post-election market has been extreme, with big wins and big losses. He named sectors that have seen major gains recently, explaining the reasons they might have roared — but he warned that they need to cool off before investors should think about buying them. “We have a lot of overly loved stocks in this market right now,” he said. “But many of them deserve love, just not at these levels.” Cramer pointed out the sharp rise of enterprise software stocks saying that it seems these companies with in-demand products for big corporations can do no wrong. He named Salesforce ServiceNow Workday Datadog and Atlassian . He also suggested that most of these companies will be relatively unscathed by any trade issues with China that may flare up under Present-elect Donald Trump's administration, which puts a premiu
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PFE
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- 10/29/24 - Beat
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- 11/4/24 - Form 10-Q
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- PFE's page on the SEC website