Jim Cramer''s REIT Picks From April Reveal Alarming Truth
Jim Cramer is a lightning rod when it comes to scrutiny. On one hand, giving investing advice every day on air for years is naturally going to produce some losing picks. However, Cramer has become the focal point of a lot of targeted opposition. For instance, you can check out his ongoing (albeit one-sided) feud with George Noble, who is quick to call out Crame r. Or, you could check out the Journal of Retirement’s in-depth study of Cramer’s Charitable Trust performance and see that “Cramer’s portfolio has underperformed the SP 500 total return index both on an overall returns basis and in Sharpe ratio.” On April 5, 2022, CNBC.com published an article outlining four real estate investment trusts (REITs) (all of which focused on apartments) that could be solid investments. The article title uses phrases like cash-in and skyrocketing rent prices. Between the star and the optimism, it certainly draws you in. So, let’s review the picks. Independence Realty Trust Inc. (NYSE: IRT ) closed at $26.26 the day the article was published.
Jim Cramer''s REIT Picks From April Reveal Alarming Truth
Jim Cramer is a lightning rod when it comes to scrutiny. On one hand, giving investing advice every day on air for years is naturally going to produce some losing picks. However, Cramer has become the focal point of a lot of targeted opposition. For instance, you can check out his ongoing (albeit one-sided) feud with George Noble, who is quick to call out Crame r. Or, you could check out the Journal of Retirement’s in-depth study of Cramer’s Charitable Trust performance and see that “Cramer’s portfolio has underperformed the SP 500 total return index both on an overall returns basis and in Sharpe ratio.” On April 5, 2022, CNBC.com published an article outlining four real estate investment trusts (REITs) (all of which focused on apartments) that could be solid investments. The article title uses phrases like cash-in and skyrocketing rent prices. Between the star and the optimism, it certainly draws you in. So, let’s review the picks. Independence Realty Trust Inc. (NYSE: IRT ) closed at $26.26 the day the article was published.