In an atmosphere where earnings per share just doesn't cut it, you have to anticipate what analysts are going to do by looking at the calendar.
By "calendar," what I mean is the upcoming events, all of which are now calling the shots on Wall Street.
Take last week's suggestions to buy
Internet Capital Group
here in this column. I
wrote that we were buying stock in ICGE because of an upcoming ICGE day.
We figured some analyst would take the bait and push it and the recommendation would get traction because of the calendar effect.
pushes it this morning, and Maria Bartiromo picks it up on
And that's all she wrote!
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long ICGE. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at