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MONDAY, NOVEMBER 23, 2009
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 ANALYSIS 
1

Cramer Ain't That Bad a Stock Picker, Actually

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(Newser) – Jon Stewart, take note: Jim Cramer is not that bad at picking stocks, the New York Times reports. A study of Cramer’s televised market advice shows that the former hedge fund manager beat the market in 2005-07. The raw numbers from the fictional “Cramer portfolio” outperformed the S&P and other indices. With the addition of other factors, the CNBC host was merely so-so.

“While Cramer may be entertaining and mesmerizing to many of his viewers,” the study says, “his aggregate or average stock recommendations are neither extraordinarily good nor unusually bad.”

Jim Cramer.
Jim Cramer.   (AP Photo)
Jim Cramer on
Jim Cramer on "The Daily Show."   (AP Photo)
Jim Cramer.
Jim Cramer.   (AP Photo)
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QuackQuack
May 21, 09 2:54 AM CDT
Oh yes he is - the WORST! He is like Bush, he is hubris. I have followed his analogies with devastation. He is a showman like Bush who doesn't really care about the problem at hand, just that he gets notarized. And because I'm writing this, I only add to his being the biggest DH in the business world. Reply
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