Friday and yesterday, Jim Cramer responded to a new batch of questions posed by members of the Stockpickr community.
Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section.
Here are a few of the questions to which Cramer recently responded:
- In a September video with James Altucher about 52-week highs vs. 52-week lows you talked about a theory that Len Cooperman said was his best formula for winning: Take stocks that are down 8%-10% off their 52-week high in a selloff and buy. This was a great theory, and I put it to true test during the height of the selloff by going long Goldman Sachs (GS) - Get Report, Baidu (BIDU) - Get Report, Yum! Brands (YUM) - Get Report, Apple (AAPL) - Get Report, Freeport-McMoRan (FCX) - Get Report, MasterCard (MA) - Get Report, First Solar (FSLR) - Get Report and Google (GOOG) - Get Report.
Wasn't the summer's selloff a perfect setting to put this theory to test?
- Exactly how do you decide whether or not give a CEO the benefit of the doubt?
For an archive of Jim Cramer's Stockpickr answers, go to www.stockpickr.com/answers/ and type "Jim Cramer" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.
(Editor's note: Cramer owns Goldman Sachs and Freeport-McMoRan for his Action Alerts PLUS charitable trust.)
Stockpickr is a wholly owned subsidiary of TheStreet.com.