I read a similar analysis on Cramer’s picks in 2007. IIRC on average There was a transient increase (lasting several days) in the stocks he recommended…however

I read a similar analysis on Cramer’s picks in 2007. IIRC on average There was a transient increase (lasting several days) in the stocks he recommended…however sometimes the increase would begin several hours before his show aired. Also the magnitude of the effects scaled negatively with market cap of the stock (small caps moved more).