CNBC's Jim Cramer advises investors to capitalize on their gains from recent IPOs, suggesting selling portions of their positions to secure profits. He notes the difficulty in justifying current high valuations amid a dearth of new company listings.
CNBC 's Jim Cramer advised investors to lock in profits from recently successful IPOs, emphasizing the importance of selling portions of their positions to ensure gains are realized. Despite his appreciation for certain companies, he noted that the current high valuations are challenging to justify, especially in light of the limited number of new companies entering the market.
Cramer highlighted several IPOs that have seen significant growth, attributing their success partly to the scarcity of new listings
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