ETFs vs. Individual Stocks: Jim Cramer Weighs In
Jim Cramer has some advice for investors deciding whether to invest in ETFs or individual stocks.
TheStreet's Action Alerts PLUS portfolio manager Jim Cramer has some advice for investors deciding whether to invest in exchange-traded funds or individual stocks.
"I have never ever been strident on ETFs," Cramer said Wednesday in an exclusive conference call with members of Action Alerts PLUS, TheStreet's VIP club for investors. "If you want to own an S&P ETF, I'm thrilled with that."
According to Cramer, exchange-traded funds that track the broad S&P 500, which is up 17% over the past 12 months, are terrific. But Cramer also pointed to the importance of individual stock picking. He said owning mutual funds, individual stocks and index funds aren't mutually exclusive.
