Tuesday, April 23, 2013

Not A Good Grade For Jim Cramer

Not a good grade for Jim Cramer's stock picking prowess.  His featured trades on his show "Mad Money" going back to 2011 were tracked by an organization called Pundittracker.com.  Not completely sure about their methodology which you can find at the link below, but it does show how hard it is even for professionals to beat the market these days longer term.  In all fairness to Cramer his Action Alert's Plus portfolio as tracked by the Street.com shows better performance characteristics.

Link:  Pundittracker.com: Jim Cramer's Mad Money 2011 & 2012 Picks.