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Export Reference (APA) 
Lim, B. & Rosário, J. (2010). The performance and impact of stock picks mentioned on 'mad money'. Applied Financial Economics. 20 (14), 1113-1124
Export Reference (IEEE) 
B. Lim and J. F. Rosário,  "The performance and impact of stock picks mentioned on 'mad money'", in Applied Financial Economics, vol. 20, no. 14, pp. 1113-1124, 2010
Export BibTeX 
@article{lim2010_1775274744865,
	author = "Lim, B. and Rosário, J.",
	title = "The performance and impact of stock picks mentioned on 'mad money'",
	journal = "Applied Financial Economics",
	year = "2010",
	volume = "20",
	number = "14",
	doi = "10.1080/09603101003761887",
	pages = "1113-1124",
	url = "http://www.tandfonline.com/doi/full/10.1080/09603101003761887"
}
Export RIS 
TY  - JOUR
TI  - The performance and impact of stock picks mentioned on 'mad money'
T2  - Applied Financial Economics
VL  - 20
IS  - 14
AU  - Lim, B.
AU  - Rosário, J.
PY  - 2010
SP  - 1113-1124
SN  - 0960-3107
DO  - 10.1080/09603101003761887
UR  - http://www.tandfonline.com/doi/full/10.1080/09603101003761887
AB  - We analyse both the market reaction and the long-term returns of stock picks mentioned on the Consumer News and Business Channel (CNBC) programme 'Mad Money', hosted by former hedge fund manager Jim Cramer. We find that Cramer's stock-picking style is consistent with a positive-feedback trading strategy, favouring stocks which have outperformed over an interval prior to the pick date. Subsequent to a pick, Cramer's immediate effect on a stock appears inversely proportional to the corresponding firm's market capitalization. The returns over a 6-month horizon provide some evidence in favour of Cramer's stock-picking ability. In particular, his recommendations on small-cap stocks accurately predict the long-run trends.
ER  -