Aug. 26 at 11:48 PM
$NVDA $MSFT $GOOGL $AAPL $TSLA
Famous study by researchers at the Wharton School & UNC tracked his recommendations & found a distinct pattern:
The Overnight Pump: When Cramer issues a "Buy" recommendation, the stock usually spikes by about 3% overnight. This is driven by his massive retail audience blindly buying in the next morning.
The 50-Day Fade: Over the next 50 days, the stock typically bleeds out and reverses those gains, resulting in negative cumulative abnormal returns.
