When Jim crapper says BUY BUY BUY you should go SELL SELL SELL. Just look at Silicon Valley Bank, which he recommended in mid February.
EXCLUSIVE: Jim Cramer Recommended SVB Financial In February, An Example Of 'His Reverse Midas Touch'
SVB Financial Group (NASDAQ:SIVB)-owned Silicon Valley Bank — which was shut down by California regulators Friday and taken over by the Federal Deposit Insurance Corporation as receiver — was previously recommended by Jim Cramer during a “Mad Money” segment on Feb. 8, 2023.
In the segment, Cramer identified 10 stocks in the S&P 500 that had increased significantly in 2023, but that he said were still worth grabbing at the right price.
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