Mar 29, 2011

Jim Cramer sees sky rockets in flight, greater fool growth stock game delight

When lululemon participated in a retail conference January 12th, the CFO said, and I quote, "With this kind of growth course, it's like trying to ride a rocket ship." Well, when people heard that, man, they just panicked. A rocket ship? Rocket ships crash and burn! So they used this excuse to sell in the weeks that followed and they really nailed the stock.

But when I hear rocket ship, I think of a stock soaring into the stratosphere. And when it comes to this kind of explosive, rocket fuel growth story, you want to buy when it's still early and it's supposedly expensive.

~Jim Cramer, host of Mad Money, CNBC's "Mad Money w/ Jim Cramer", February 7, 2011

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