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Jim Cramer Warns Selling Now Is 'Huge Mistake' Despite $104 Brent Amid Iran War: Don't Let '$200 Oil' Naysayers Scare You Out [Yahoo! Finance]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: Yahoo! Finance
Jim Cramer urged investors to resist the urge to liquidate portfolios as Brent Crude surged to $104, warning that missing the eventual “awesome snapback” would be a costlier error than enduring current volatility. The ‘Mad Money' Manifesto “Selling now is a huge mistake,” Cramer declared on Mad Money, acknowledging that while the market is “terrifying,” the current oversold conditions often precede massive rebounds. With Brent Crude hitting $104.53 and WTI at $97.69, at the last check, Cramer dismissed “naysayers” predicting $200 oil as an existential threat. “You'll be kicking yourself if you sell everything and then you have to watch this market rebound without you,” he warned, noting that the S&P oscillator is at a rare -7.5 reading. Don't Miss: This 2-Minute Tool Matches Investors With Financial Advisors Based on Their Goals Most Americans underestimate what they'll need to retire. Take a quick quiz to see if you're prepared. Historical Precedent And Strategy Su Show less Read more
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