Since his Lehman flop I don't watch the show too much. Use his show as an input, not a deciding factor, and you will be just fine.

Kiddo · Feb 23, 2012 8:10 AM

I thought he was trying to protect people by telling them to sell everything and avoid the free fall of 2008.  Wasn't he ranting like raving lunatic in one of the shows with Erin Burnett?  "They know nothing, nothing!" Well, as for me, I have made a decent money based on his advice on stocks such as AAPL, HON, EOG, NUE, etc.  

Nepali_American · Mar 9, 2012 12:22 PM

Guys, there was a study done about cramer's picks and it was published on Barrons few years back. As far as i remember from that, his picks don't fare better for 4-6 weeks but in longer terms they do better. Researchers had a reason for short-term underperformance as people might use cramer's pitch as selling opportunity. My opinion is: it depends on where the market is at.   For example,most of his picks during the may of last year wouldnot have fare better all year and the picks he is making in last few months must be doing lot better. Rather try to see what fundamental reasons are behind his picks and figure out if it makes sense to jump on them with technicals.

obama · Mar 9, 2012 1:54 PM

 boooo ya

party_nepal · Mar 9, 2012 2:45 PM

It is best to take his picks as the starting point to do further research.  Cramer suggests the same.  I normally listen to what he has to say.  If I like the sound of it, I look into the fundamentals, headlines, insider trading, etc.  But I make the buy only after consulting the charts.  By the way, Jim Cramer is my neighbor.  Nice guy.  Funny too.  

sgy · Mar 9, 2012 9:17 PM