Cramer's Growth Stocks2

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From 9-11-07:

"High growth is so right here. And the out-years are being valued so much higher because of the 10-year providing very little competition. I think there is a whole group of investors who have no idea about the importance of stocks being considered long-dated assets. The 10-year says that inflation will be very low, and that means the earnings from far away get discounted much more positively...You can simply start taking those out-year gains to the bank. That's what's going on right now. Growth is still cheap, and it will get more dear as time goes on. Which is why you need to be in it now. And it will only get better as long as the Fed stays as tight as it is."
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