CNBC’s Jim Cramer on Tuesday urged investors to resist getting greedy when stocks go parabolic.
“Instead, I say go for the stairstep stocks. They won’t seem to make you as money as fast as a stock running parabolic, but notice the word seem,” the “Mad Money” host said. ” Remember, you don’t make money until you sell and the vast majority of people who are in a parabola never let go.”
A parabolic move occurs when a stock’s gains accelerate rapidly, often after a strong catalyst draws…
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