Jim Cramer’s Advice Slightly Worse Than A Coin Toss?

Jim Cramer’s Advice Slightly Worse Than A Coin Toss?

“There is a web site, yourmoneywatch.com, which, unbelievably, tracks all of the stock recommendations on Cramer’s television show. The web site is operated by Michael McGown who has been tracking Cramer’s television show picks since July, 2005. Over that time period, Cramer’s picks, after being held accountable for trading fees, have performed worse than the broad market averages. His overall average with simply picking stocks that go up is pretty dismal. The most recent tally shows that out of more than 1500 stock recommendations, more than half have gone down!”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: