Jim Cramer Advises Selling SMCI Amid Accounting Concerns

1 min read
Source: Yahoo Finance
Jim Cramer Advises Selling SMCI Amid Accounting Concerns
Photo: Yahoo Finance
TL;DR

Jim Cramer advises selling Super Micro Computer Inc (SMCI) due to accounting irregularities, stating he never revisits such stocks. While discussing Bitcoin, Cramer reiterated his belief in it as a store of value, recommending investors allocate 10% of their portfolio to Bitcoin or gold. He emphasized the importance of stock investing, highlighting stocks with significant gains since their IPOs, and noted that imitating top hedge fund picks can outperform the market.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance