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Jim Cramer is a TV personality. It's also established that he has in the past used his media presence to pump and dump stocks.[1] Whilst he may be right that wh
by Traster 7y ago
Jim Cramer is a TV personality. It's also established that he has in the past used his media presence to pump and dump stocks.[1] Whilst he may be right that what this analyst is doing is picking a number that makes a headline, this tells you nothing about whether the underlying analysis is right. Whatever motivation this analyst has, you can be certain that Cramer also has the same motivations - as do almost any serious set of investors you speak to.
[1]https://www.nytimes.com/1995/02/20/business/smart-money-rethinks-conflict-rule.html https://www.nytimes.com/1995/02/20/business/smart-money-reth...