Published on 25 Aug 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss the 10 stocks that jumped after Jim Cramer's negative call. If you want to read about some more stocks that jumped after Jim Cramer's negative call, go directly to 5 Stocks That Jumped After Jim Cramer's Negative Call.
Jim Cramer, the host of Mad Money on CNBC, has had an extraordinary career in the finance world over the past three decades. After graduating from Harvard with a law degree in the mid-80s, Cramer somehow landed at investment bank Goldman Sachs. After a three-year stint at the firm, he left to start his own hedge fund named Cramer Levy Partners. His stock picks as a hedge fund chief beat the S&P 500 for seven consecutive years. However, the dot-com crash of the late 1990s forced him to leave his position at the fund as it lost money.
Since then, Cramer has excelled as a journalist investor, building an ardent fan following despite the fact that his stock picks on television have not outperformed the benchmark indexes by a margin worthy enough for them to attract serious attention. Cramer embodies the decades-old conflict within the American finance world, the one between the panache of investment media versus the patience of intelligent investing. Cramer is notorious for high energy bullish and bearish calls on his show that do not always pan out.