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posted by SCG on 1 months ago
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Agreed on McBuffet...great to follow Cramer and take his cue as a trader, but not good
advice (especially in the lightning round) for the long term investors. I would sure hope
I had a lot of free or very low priced trades, otherwise, I think a lot of investors will
get eaten up on some of the trading costs.

McBuffet's absolutely right. The more Cramer is super excited about a company, the more
research I'll do on it if it sounds interesting. Sometimes I'll find a company that is
either a supplier or in the end market that I like a lot more and sometimes his arguments
just make no sense to me. However, I do love the show.

Many of the stocks in your portfolio are decent, and would be good buys, provided the
stock prices were half what they are currently! Cramer is wonderfully entertaining, quite
bright, and a good stock picker, but his talents lie with day-trading in up markets with
hundreds of millions of dollars. He often gets caught up in the passion of an idea,which
is good for a trader, but death for a long-term investor. Good luck.

Almost all of those companies are in AAPlus or are Cramer recommendations but that in of
itself itsn't a bad thing. The problem arises when you nosedive into anything and
everything he talks about. Since he does so many shows and posts in realmoney.com, he has
to come up with new ideas because he can't come on everyday and talk for 30 minutes about
how GS deserves a MER multiple. Also, I don't know if its like this with MadMoney but when
he had RealMoney (radio show) still going, I called in about a stock and his staff said he
talked about it in the past 14 days so they don't want to take a call on it unless they
had time and in this case they didn't. So he's forced to come up with things, which leads
to some analysis that doesn't seem to hold up sometimes. Good example is the constellation
brands recommendation because drinking red wine is healthy. Yeah everyone's going to go
out a buy gallons upon gallons of red wine and crush their livers plus there's so many
wine makers, it would impossible to have a big enough share of that market to make a
difference. Also, constellation is a diversified company and wine sales would have to
increase by a miraculous amount for it really affect the bottom line. So be picky and look
for his analysis that makes sense because when it does, he's usually on to something.

You must be a Jim Cramer fan, most of your stocks correlate with his. Just a word of
caution, I followed his picks for the 2006 year, and he is worng, alot.

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