At the micro level, we're talking apples and oranges. I get that.
From a macro perspective, however, if you follow the stock market and can't stand wishy-washy, lazy analysts who all come to the same conclusions sans unique flavor, you should appreciate how Cramer stands out against most everybody else who calls Obama vs. Romney neck-and-neck or pretty close.
They put themselves in a situation where they can't be wrong. This is not about being credible or doing careful analysis.
The cats who put the popular vote at a split or go with 290 to 248 or 277 to 261 in the electoral college set themselves up not to fail. Even if they're wrong, they're right.Who's going to take a pundit to task for missing Ohio and Minnesota or even Pennsylvania? If a miss there throws off your prediction, you walk away unscathed with the benefit of the doubt. The same goes for a Wall Street analyst who blends in with the crowd. They're making the safe bet. I like to give Piper Jaffray analyst Gene Munster a hard time for being an an Apple (AAPL) cheerleader. He probably deserves more credit than that. He stands out, in part, because he's bold. And he's not afraid to walk the line between "objective analyst" and living, breathing human being with an opinion. There's a ton to be said about that. While he might end up "wrong" on some of his more "extreme" Apple takes, he, along with Brian White at Topeka and Eric Jackson of Ironfire Capital, tend to stimulate the best conversation around one of the market's biggest battleground stocks. And, more importantly, when it gets down to what really matters -- what Apple does over the long haul -- they have been consistently on the mark. And, even more important than that, like Cramer, Munster, White and Jackson give all of the other guys -- unable to muster an original thought if their lives were on the line -- something to talk about. At the time of publication, Rocco Pendola held no positions in any of the stocks mentioned in this article.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts