Jim Cramer’s stock picks miss the mark
Breakfast with Benjamin: TV stock barker Jim Cramer received a failing grade from a finance professor for a dismal 28% success rate in picking stocks.
- TV stock barker Jim Cramer received a failing grade from a finance professor for a dismal 28% success rate. Only 14 of the 49 stocks Mr. Cramer recommended finished higher after six months. When a ‘buy list’ becomes a ‘watch list’
- In the category of gross understatements, another economist throws cold water on the popular trend of blindly subscribing to rosy jobs numbers. The fuzzy math of unemployment data Even layoffs are being interpreted as not a totally bad thing.
- Morningstar sees MLPs as being on the ropes, and the hits just keep on coming. A battered corner of the market
- The U.S. Treasury took in record taxes in the fiscal year that ended Sept. 30. But, surprise, the federal government also set a record for spending. So, there’s that. The deficit is still huge Along those same lines, there’s the question of whether the top 1% can be taxed enough to pay for all the free stuff for everybody else.
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