This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer Picks Obama in Landslide; 'Analysts' Converge on Estimates

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.

Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $129.76 0.63%
FB $78.97 -0.02%
GOOG $540.00 0.39%
TSLA $231.99 2.60%
YHOO $42.31 -0.47%

Markets

DOW 18,097.59 +73.53 0.41%
S&P 500 2,117.33 +9.04 0.43%
NASDAQ 5,028.6640 +23.2730 0.46%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs