AICNBC Techabout 2 hours ago
Cramer dismisses AI market froth fears
1 min read
CNBC's Jim Cramer said the stock market is not in a dot-com style bubble. He pointed to lower interest rates, stronger earnings, and more reasonable valuations. Memory-chip makers Micron and Sandisk have surged over 243% and 644% this year. Cramer noted the S&P 500 trades at about 20 times forward earnings versus 25 times in 2000.
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