Jim Cramer’s latest endorsement of Apple stocks has ignited a backlash, with investors publicly committing to the opposite strategy, highlighting the 'Inverse Cramer' phenomenon.
Tommy Famous criticized Cramer, calling him a 'financial QVC' who leads his audience to losses, emphasizing that his stock advice is more entertainment than genuine investment guidance.
Matthew Tuttle explained the creation of the 'Inverse Cramer' ETF, stating its aim was to spotlight the risks of following TV stock analysts without accountability.
Social media reactions varied, with users humorously suggesting selling Apple shares and some even pledging to switch technology brands, demonstrating widespread dissent.
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