Jim Cramer is unfazed by Tuesday's sell-off: 'You should expect them, even hope for them'
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By Alexa Lomonaco
Published on April 28, 2026.
CNBC's Jim Cramer is not deterred by the sell-off in AI stocks following a report that OpenAI missed internal growth targets, raising questions about the company's spending across various AI-linked stocks. Cramer believes that even strong companies can potentially overheat and that a reset was inevitable after weeks of parabolic gains. He urges investors to trim stocks that are making parabolic moves, stating that locking in profits at higher prices makes it easier for investors to take advantage of the rising tide.
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