What I Learned From 16,701 Jim Cramer Stock Picks
There is a popular online joke called "Inverse Cramer." The idea: if Jim Cramer says buy on TV, do the opposite, and you'll make money.
It's a fun meme. But is it actually true?
To find out, I analyzed every buy-side stock recommendation the finfluencers.trade pipeline extracted from Jim Cramer's CNBC show Mad Money between January 2018 and December 2024 — 16,701 calls in total — and tracked what happened to each stock afterwards.
The result is more interesting than the meme.
The full working paper is on SSRN. The data and scripts are public on GitHub.