When is it OK to violate your cost basis to buy more shares of a company?

Health, Fitness & Food

Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023.
Walid Berrazeg | Sopa Images | Lightrocket | Getty Images

Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries.

This week’s question: The cardinal rule of discipline is to not violate cost basis and show patience to buy more high-quality stocks on pullback. How do you evaluate a flying stock which might not come back to levels of cost basis to add more? Recent examples include Nvidia (NVDA), Eli Lilly (LLY) and Tesla (TSLA). — Thanks, Ravi

Products You May Like

Articles You May Like

How to Tell Between a Panic Attack and an Anxiety Attack, According to Experts
Spicy Rosé Absolutely Lives Up to the Hype
Cyclists, This New Device By Garmin Will Have You On The Edge Of Your Seat
Healthy Returns: Brain implant company Paradromics launches patient registry ahead of human trial
6 Workout Moves You Can Actually Do With Your Dog

Leave a Reply

Your email address will not be published. Required fields are marked *