Products Aren’t Stocks
Cramer talked how when he use to do his radio show he really liked this stock Citirx Systems (CTXS) because of the company’s product “Go to My PC.”. The product allowed Cramer to see who was on the telephone as callers called into his show. He loved the product so much he did some homework on the company and bought the stock. However, Cramer’s mistake was that the product was already on the market for three years, so he bought into the stock as the product cycle was peaking. Cramer said once a product peaks the stock will go down unless the company brings more new products to the market. “Being late to the game can cost you money,” Cramer said
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