CNBC financial commentator: Avoid chasing AI stocks and shift to fundamentally sound assets overlooked by the market

Glonghui, April 21｜Jim Cramer, a well-known CNBC financial program host, has warned that investors should avoid chasing popular stocks experiencing “parabolic rises,” as buying at excessive highs often leads to losses. Instead, he suggests shifting focus to fundamentally sound assets that are being overlooked by the market. Cramer pointed out that the recent surge in technology and semiconductor stocks, driven by the artificial intelligence theme, is “overheated” for him, and he frankly admitted that past experience shows buying such rapidly rising stocks is prone to pullbacks. He specifically mentioned that AI-related stocks like SanDisk, Intel, and AMD have recently performed strongly, but he has chosen not to follow the market craze. In contrast, Cramer has adopted a contrarian layout strategy, turning to relatively undervalued healthcare stocks, and his portfolio has recently increased holdings in Johnson & Johnson.