Jim Cramer is crazy. On his show, Jim Cramer mad money, he jumps about and screams like a crazy guy.
But the investments he picked last year earned 12% compared to 6% average for the market by some measures, so maybe he is not so crazy after all.
A lot of investors love Jim Cramer mad money shows on CNBC that they like to watch it each week.
While the world was spinning out of control, and the market was spinning straight down the toilet, investors were panicking and Cramer was one of the few voices who could be heard above the chaos and people listened to him.
Jim Cramer mad money picks end to be aggressive. They plan for the market to keep doing what it is doing. In other words, if a stock has started going up, Cramer wants to buy and ride it up.
On the other hand, Cramer will dump the stock when it starts to fall, he will do that before it falls any further. That is absolutely not a bad idea when the market is slower and more predictable.
However, when market are going badly, they will go badly very quick and market can reverse direction all of a sudden.
One big problem Cramer has is when he interviews executives; he will normally recommend that you buy their stock. The executives who were being interviewed are usually those who have high dividend stocks only.
My advice about what stocks to pick is actually be gained from his shows, Jim Cramer mad money, not his recommends buying the stock of those executives.. It really doesn’t matter even if you want to take India stock market even you live in the US.
It is obvious that after he asked people to buy it, many people will buy these stocks, so there will be a short term jump in stock price.
If you are quick on the draw, meaning you already bought those stocks just before he recommends it to people, you can do just the opposite, ready to sell when he says “buy”, that way you can expect to do very well.
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