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Originally Posted by ErikLS2
You can say what you want about Jim Cramer on CNBC, I like to listen to him but don't really invest with him. Sometimes he'll praise something I'm familiar with that's right under my nose, such as Snap on (SNA) which I recently bought some of. I do like that he puts his neck out there on a recommendation and owns up to it if he's wrong. He gives a lot of good tips, often, but not always, in line with what Greg's been saying here. I especially like his tip for using the PEG ratio (PE Ratio:Earnings Growth) to determine valuation of a company.
Anyway, his show this past Friday, Halloween, was right up Investing 102's alley and full of valuable tips. You can view it (for a limited time I think) here:
http://www.cnbc.com/id/15838459 |
Jim Cramer sometimes provides some good information, but he contradicts himself all the time on his recommendations. I think you are right that he provides some good information on general topics, but I would never listen to his specific stock recommendations. Did you ever see the John Stewart videos on Cramer. Here is one of them. Watch them all if you want a really good laugh.
https://www.youtube.com/watch?v=NkytKDzCEeU