CNBC’s Jim Cramer says trendier stocks need to cool off before others can bounce back. He believes the market is experiencing a “froth” effect, where prices rise due to speculation and hype. This has led to a decline in some stocks, including those related to quantum computing and data centers.
Cramer warned that until the market cools down, it’s difficult to find a clear direction. However, he expects that once the trendier stocks calm down, investors will be looking for more stable investments. The recent sell-off on Friday was a sign of this shift, with indexes closing lower than expected.
Source: https://www.cnbc.com/2025/02/24/market-froth-needs-to-settle-down-jim-cramer-says.html