BY MARKET SENTIMENT
Conclusion
No matter the public opinion on Cramer, we can generate excellent 1-day returns following his buy recommendations (even beating the market in doing so!). Whether it’s due to his superior stock picking ability or whether it’s simply due to self-fulfilling prophecy [9] (as he has a wide audience who will act on his advice) is yet to be known.
I would bet on the latter as, if the extraordinary one day returns was in fact due to his superior stock picking ability, the returns should have held over longer time periods and also his sell recommendations would not have ended up performing better than his buy recommendations as we are observing here.
It only makes sense to listen to his advice if you are a day-trader or an algo-trader who is trading a large variety of stocks over short periods of time.
For everyone else, just sticking to the S&P 500 would give you better returns over the long run!
Source: Zero Hedge
https://www.zerohedge.com/news/2022-02- ... jim-cramer