According to a recent article by Barron’s Magazine title The Cramer Effect (& Defect), readers who follow Jim Cramer’s stock picks from his show are more than likely to lose money in the long run.We also looked at a database of Cramer’s Mad Money picks maintained by his Website, TheStreet.com. It covers only the past six months, but includes an astounding 3,458 stocks Buys mainly, punctuated by some Sells. These picks were flat to down in relation to the market. Count commissions and you woul[...]
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[Source: The Money Blogs]
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