Time to Trim: Cramer’s ‘Mad Money’ Recap (Wed 6/24/20)

Bulls and bears can’t lead at the same time, Jim Cramer reminded his Mad Money viewers on Wednesday. Cramer reiterated his call for investors to take some profits and raise cash as negative news continues to put pressure on stocks.

New cases of COVID-19 are emerging in several states, a disturbing trend that forced New York, New Jersey and Connecticut to implement quarantines for travelers from high-risk areas. Market leaders like Facebook (full board) – Get report, Apple (AAPL) – Get report, Amazon (AMZN) – Get report and Microsoft (MSFT) – Get report they all saw their shares fall on Wednesday, adding further downward pressure on the markets.