(Money Watch) My colleague Dan Solin wrote about Jim Cramer's addressing the Society of American Business Editors and Writers a few weeks ago, and it got me thinking about the performance of the stock picks Cramer makes on his show "Mad Money." After all, he's still one of the most well-known stock pickers in the country.This study indicates that Cramer is recommending stocks with momentum, both positive and negative.We caught up with Burnett, who was sporting a slinky red dress (and a rather nice diamond ring..on that in a minute), and asked her to elaborate on what viewers can expect from the new show."The personality, the delivery and the style will be similar.Nevertheless, Kelley argued that any new launches will be incremental to his estimates.In addition, the divestiture of its non-dating business, specifically Princeton Review business should be viewed as a positive move as the company is deleveraging segments to focus on its core dating business.
In other words, there's no evidence of any stock-picking skills -- his picks are neither good nor bad. The results of this study basically replicate the findings of a study by three Ph. students at Northwestern's Kellogg School of Management -- including the fact that Cramer recommendations are momentum stocks.
I like to think in terms of general news coverage of business news we have to be the best place for that coverage.
They will see some familiar faces." Burnett says what she misses most about CNBC is the people and what she's enjoying most about CNN is..people "who have been so nice." Perhaps the biggest news of the night, at least for Burnett's loyal fans of which we are aware are multitude, is that she's engaged!
Mark Kelley of Citi initiated coverage of Match Group Inc (NASDAQ: MTCH) with a Buy rating and price target as the company given the success of the Tinder platform and new product launches.
Kelley believes Match Group is positioned to take advantage of the rapidly growing and fragmented online dating category, which could be worth as much as billion by 2019.