Replies to post #40860 on A.I.M. Users Bulletin Board (AIMUSERS)

[SFSecurity]

Hi Tom, Thanks for the suggested portfolio allotments, but please, no Crammer, excuse me, Cramer additions. See David O. England's site where he posts:

Jim Cramer Loses Stock-Picking Bet
with David O. England
So-Called “Market Guru” Flunks When Finance Professor Tracks His Buy-Now Picks

Industry insiders like Jim Cramer push buy lists that seem like easy shortcuts. Are these buy lists safe without using a proven buy/sell system? More important, are they profitable? I answered these questions by tracking the performance of the 49 stocks Cramer recommended in his April 6, 2015 article on TheStreet.com. After reading Cramer’s recommendations, I invested $1,000 (via a paper-trade account) in each security Cramer recommended. I tracked the results for six months through October 7th.

The results are in and Cramer gets a failing grade. Only 16 of 49 securities closed higher than they were when I invested in April 2015. That’s less than a 33% success-rate.

33 of 49 of Jim Cramer’s recommended securities are down since April 7, 2015
More than half (25 of 49) of his recommended securities are down double-digits
The dirty little secret Wall Street never discusses: Percent return to recover. 19 of 49 securities would have to rise more than 25% from current levels just to recover to break-even (April 7, 2015) levels.
Overall performance of 49 recommended securities since April 7, 2015: -9.18%
S&P Index performance over the same period: -1.38%
Jim Cramer picks vs. S&P over this period: -7.8%

and more recent results:

At the one-year mark, Cramer was up on only 16 of his 49 picks, "a miserable 33 percent success rate," England pointed out.

Best,

Allen