How good is Jim Cramers Action Alerts Plus?

Question

Has it made you a lot of money? Do you recommend it?

Answer 1

You need to do your own DD. Use a stock screener at MSN Money or Yahoo Finance and do your own research.

I love watching Cramer but his picks are more long term than short term. Take his picks and do your own research.

One thing I look for in a company is little to no debt, at least 20% projected growth, and at least 10% inside ownership. You can find all these things on a stock screener.

Answer 2

I subscribe to it, and he does beat the market, but I do NOT follow all of his leads.

I recommend it, because he's really good at what he does, and as you watch it over time, you can learn how he thinks. He shares how he is thinking about things and why he's making the decisions he's making.

You also learn how he functions tactically in trading around positions... and I often wish that I followed his recommendations when he does that.

Answer 3

I have found that some times it is good and sometimes bad, and by the time the information is out, most major moves have already happened. Although Mr. Cramer is very entertaining, and often very passionate with common sense advice, I would not base an investment decision on his advice alone.