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Top Equity News’ goal is to provide investors with up to date news from around the world on stocks, options, forex, ETFs, and futures. In an ever changing global economy it is vital for all investors to have access to every available news source. In our Options Update articles, twice weekly... More
  • Dealing with Cramer 0 comments
    Oct 7, 2010 11:47 AM

    By now everybody has heard of Jim Cramer, even if you are not in involved with the stock market. His ubiquitous face and quirky personality have transcended American culture. He showed up on the Jon Stewart show and was interrogated to put it mildly. He is on television so much and gives out so many stock picks that I feel it is necessary to offer my opinion on how to act on them.

    Let me start out by saying that I am a fan of Jim Cramer. I have been reading his stuff since 1998, before a lot of people knew who he was. I was attracted to his passion for the stock market and the fact that he was a successful hedge fund manager at the time. That gave him a lot of street credibility in my mind. I even went to go see him speak at a Philadelphia investors conference in 2000. I was a youngin at The University of Michigan at the time. The point is that I have been following him for a long time.

    Mad Money

    I think he really went mainstream when he started his “Mad Money” show on CNBC. He gives rapid-fire stock recommendations on the fly during the “Lightning Round” on that show, which shows his wide grasp on a variety of stocks. However, be careful on how you act on these recommendations. Some studies show that he seems to be right about 50% of the time on these picks, but there is more to the story than just that.

    Continue reading: http://topequitynews.com/dealing-with-cramer/

     

    Themes: Cramer, Jim Cramer
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