Skip to main content

Jim Cramer on Stock Valuations, Danger of Market Orders on IPOs

Publish date:
Video Rating:
Video Duration:

Investing in a company on IPO day can be a tricky proposition. "When I put in an order for an IPO, you're at the mercy of other investors who are willing to pay any!" Cramer said. He believes that market orders in such situations can be very dangerous and costly. 

Jim Cramer cautions on the importance of careful evaluation of the true market value of a company with proper due diligence before investing in an IPO, especially on the first day of trading.

Cramer gives his take on the valuations of two of the hottest stocks of the day: Airbnb and Tesla  (TSLA) - Get Tesla Inc Report.

Cramer Market Minute is a new video series with the biggest moments from TheStreet Live with Jim Cramer.

WATCH: Everything Jim Cramer Is Watching in the Market Thursday

Latest Videos From TheStreet and Jim Cramer:

Related Videos