Last week, Jim Cramer told tech investors something most of them did not want to hear.
If they were still holding a portfolio stuffed with AI and chip stocks, he said, they were about to get hurt, and hurt badly
His exact word was “slaughtered.” That kind of language grabs attention, but the reasoning behind it deserves a closer look, because it points to a shift that could touch almost anyone who owns an index fund. What Jim Cramer actually told tech investors to do Cramer delivered the warning on his July 21 appearance on CNBC’s “Squawk on the Street.” He said that holding too much tech during sharp market swings could lead to large losses before investors realize what happened. His phrasing left little room for doubt: “If you own too much tech, you’re going to be slaughtered, and you won’t even know what hit you,” BigGo Finance reported.
The message was not a call to short the sector or predict a crash. It was about position sizing. Cramer wants investors who rode the AI trade to fresh highs, and never sold a share, to take some profits off the table, Yahoo Finance noted.