A Birthday Gift for Jim Cramer

Wednesday, February 10, 2010 - 7:44 PM

I feel sorry for Jim Cramer, host of the CNBC show "Mad Money." And it's not because his 2010 raise to $1.87 million is getting delayed by six months at the company he co-founded, TheStreet.com, Inc. I'm sure he'll find a way to manage on a mere $1.56 million until then. The fact that his 2010 bonus got lowered to $1.287 million (from $1.4 million) didn't make me cry much either. I feel sorry for Jim Cramer because he doesn't get the time to research investments -- something he obviously loves.

Each day, Cramer yells out advice on literally dozens of stocks during fast-paced segments entitled "Lightning Round" and "Sudden Death." At the end of the hour, I'm exhausted -- and temporarily hard of hearing. And through it all, I keep wondering how much time he spent dissecting and researching his picks.

I guess it's because I'm on the other end of the spectrum. If I ever had a show on CNBC, they'd probably call it "Slow Money." After all, I spend an entire month sifting through ideas and pouring through financial reports just to come up with one single investment idea that I think has the potential to outperform.

On Tuesday, I felt especially bad for Jim. He recommended buying my "December Stock of the Month" on a dip. Of course my readers don't have to wait for a dip. That's because they got in before the stock gained +13.8% on better-than-expected earnings this week. Jim didn't even have this company on his "Cramer's Top 20 Earnings to Watch: February 2010."

I'm not smarter than Jim Cramer; he's a pretty bright guy. And he was one helluva hedge fund manager. I just have more time.

It's a tricky market out there. 2010 may not serve up a broad-based rally like last year. I'd hate to let an opportunity pass -- and have to try to "catch it on the dip."

Today is Jim Cramer's birthday. If I could, I would give him one whole month to ponder the market -- without the interruption of producing his television show or a myriad of speaking engagements. I think he'd love it -- maybe as much as I do.

 
-- Amy Calistri

P.S. In case you missed it, I just released my "February Stock of the Month" a few days ago. The long-story-short is that this stock should benefit from at least four "profit triggers" in the coming months that could send the share price up in a hurry. Check out my bulletin right here to get the details.

Amy Calistri does not personally hold positions in any securities mentioned in this article.
StreetAuthority LLC does not hold positions in any securities mentioned in this article.
 
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