Following Cramers Picks - May 23, 2006
May 24, 2006
Satellite Standard Group, after doing a few stories on Jim Cramer decided to take a look at some of his picks, and how they perform over time.
Cramer enjoys a large following, and seems to get a lot of positive press, and his show is filled with callers all singing his praises. Is it warranted?
Well, we have been following the stock picks that Cramer made on May 11, 2006 (Click Chart to Enlarge). So far Cramer is not doing very well. Of his 19 picks only three are "in the green", and as a whole, investors would be down 5.56% so far. Investors would also have seen better performance investing in any of the three major indexes over the picks of Jim Cramer on May 11, 2006.
Satellite Standard Group will continue to follow these picks through the end of May.
5/24/2006 10:14:00 AM
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