Jim Cramer warns Micron investors: "You could lose your shirt by Monday"
Complete. Here is the key summaryJim Cramer warns investors that leverage, rather than weak earnings or demand, poses the biggest near-term risk for high-flying tech stocks like Micron, Corning, and Seagate. He cautions traders who used borrowed money to buy these AI-linked winners after their vertical rallies, suggesting they could lose significant capital by Monday.
Jim Cramer is warning investors that the biggest near-term risk in several high-flying technology stocks may not be weak earnings or deteriorating demand. It may be leverage. His message is aimed at traders who used borrowed money to buy Micron Technology, Corning, Seagate Technology, or similar AI-linked winners after their rallies became nearly vertical. In...