Cramer outlined three reasons why investors shouldn’t let the company’s bad quarter scare them needlessly.
Cramer outlined three reasons why investors shouldn't let the company's bad quarter scare them too much:While the issues appear to be macroeconomic, there could be some issues with the company's execution that are not apparent yet – meaning the economy might not be in as dire a situation as the company suggested.Both the Covid lockdowns in China and Russia's invasion of Ukraine are issues that global leaders are causing, which means that there's potential for resolution.
However, this doesn't mean that investors shouldn't brace themselves for more pain ahead, he said."Most of us didn't know until tonight we had this many problems and that they are all getting much worse, not better."
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