Investors Need to Buy Stock Before its Big Move, Not After -Jermaine Filmore
CNBC’s Jim Cramer reminded investors they need to buy into companies before their stock sees a big move, not after. According to Cramer, it’s better to accept you’ve missed the mark instead of buying stock after it has already surged. “Here’s the way this market works: Something will be happening for weeks or even months on end, but most investors pay no attention whatsoever,” Cramer said. “By the time it dawns on them that something big is going on and they finally take action, it’s either really late or it’s already over.” Cramer used drug maker Eli Lilly as an example, saying he’s anticipated the company’s success for ages and that stories about favorable outcomes for Eli Lilly’s diabetes and expected weight-loss drug Mounjaro had been circulating for weeks. He recommended that investors closely follow news about companies they believe will be successful, like he did with Eli Lilly, to predict big stock moves. But Cramer stressed...