Jim Cramers Mad Money Stock Picks for Tuesday December 26
Jim Cramer’s Mad Money Stock Picks for Tuesday December 26 2006. These are all of Jim Cramer’s stock picks that are a Buy! I bold my picks. Tonights show was about reflecting back and looking forward. Jim Cramer reviewed some of his rules from his book Jim Cramer’s Real Money: Sane Investing in an Insane World and also discussed the New rules in his current book Jim Cramer’s Mad Money: Watch TV, Get Rich. I think the Biggest point that Jim Cramer made was that we can’t just blindly follow stock picks or comments but to learn why he likes certain stocks or companies. Review that information and make your own assumptions and make sure not to blame him when he suggests a stock one week and then market changes due to news or a new emerging company and you don’t make a change.
A few of the new rules:
1 “There’s a market for everything; pay attention to how it works.”
2 “Don’t be bamboozled by what sector your stock belongs to. Instead, know precisely what you own and why you own it.”
3 “Latin America is always a trade.”
4 “be a Lemming, follow the Street’s lead because most of the time it works.”
Always do your own research as these are recommendations and I make no guarantees. No one cares about your money more than you do!
