UncleFred

Tracking Jim Cramer's Performance: January 2007 Stock Picks

Not included in this discussion of Cramer's January '07 picks and pans is his "Pick of the Year" for 2007, a pick he actually made first in December 2006, and repeated many times thereafter: NYX.

NYX was around $100/share when he made his pick. It is now around $62/share.

You would think at least his "Stock of the Year" could be relied on as a carefully researched pick. Yeah, sure, it is up to individual investors to pick and choose, but the point of this whole discussion is that Cramer does no better than the average investor. In point of fact he did substantially worse than I did, on my own. And I am STRICTLY an amateur, not an analyst (pronounce that anal ist), or a broker (well named, the name says everything).

If I can do better than Cramer, what are people watching him for? I assume just for the entertainment, kind of like watching a clown show.

I'm so glad to see that someone finally took the time to put Cramer's recommendations to some analysis (anal lysis).