Cramer: Don’t Let the Bears Dissuade You
U.S. stocks closed at session highs Monday, logging its best one-day rally in almost two weeks and on track to post its best quarter since 1998. Yet “Mad Money” host Jim Cramer complained that not enough people are recognizing the gains or how the U.S. economy seems to continue to gain strength.
Cramer said President Barack Obama, for example, should publicly recognize the market’s gains. Since Obama took office, the Dow Jones industrial average has rose by 59 percent, Cramer noted.
“In this market, championing stocks in pursuit of profits is no vice, and chastising stocks in the name of caution is no virtue,” Cramer said. “There are still plenty of stocks worth buying. Do not give up if you haven’t gotten in. You’ll get your chance. The mistake would be not to take it when it happens next.”
Bottom line: Don't let the bears dissuade you! There are good things happening right now, Cramer said.
—CNBC.com contributed to this report
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