Investors Should Rethink Their Strategies in the Wake of the Crypto Crash

Investors should follow the post-dot-com bubble playbook: Jim Cramer

CNBC's Jim Cramer is urging investors to take a page out of the post-dot-com bubble playbook, saying that the current market is eerily similar to the one that followed the dot-com crash in the early 2000s.

In an interview with CNBC's Scott Wapner on Friday, Cramer said that investors are currently experiencing a similar "frenzy" to the one that occurred in the early 2000s, when investors began to snap back into the market after the dot-com bubble burst.

"We're in a situation where we're going to have a tremendous amount of money coming into the market," Cramer said. "I think we're going to have a tremendous amount of money coming into the market, just like we did in 2003, 2004, and 2005."

Cramer, who is the co-founder and CEO of TheStreet.com, said that investors should be prepared for a significant increase in stock prices as the market continues to recover from the pandemic.

"I think we're going to have a tremendous amount of money coming into the market, and I think we're going to have a tremendous amount of growth," he said. "I think we're going to have a tremendous amount of growth in the next 12 to 18 months."

Cramer's comments come as the S&P 500 has rallied over 80% from its pandemic low, and as investors have become increasingly optimistic about the market's prospects.

The post-dot-com bubble playbook, which Cramer is advocating for, involves being cautious and selective in one's investments, while also being prepared to take advantage of opportunities as they arise.

Cramer said that investors should be looking for companies with strong fundamentals, such as revenue growth and profitability, as well as those with innovative products or services that have the potential to disrupt their respective industries.

"I think we're going to have a tremendous amount of growth in the next 12 to 18 months," he said. "I think we're going to have a tremendous amount of growth in the next 12 to 18 months."