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Is CNBC Investing Club Worth It? (2024)

Last updated on April 2, 2024 By Gladice Gong 4 Comments

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So, is Jim Cramer’s CNBC Investing Club subscription worth it?

What are you really getting from joining Jim Cramer’s CNBC Investing Club?

Can you achieve market-beating returns by following the stock picks inside Jim Cramer’s CNBC Investing Club?

Are there any better stock-picking services than Jim Cramer’s CNBC Investing Club?

Jim Cramer’s CNBC Investing Club Portfolio

So, what is Jim Cramer’s CNBC Investing Club?

And what can you actually get from it?

CNBC Investing Club is Jim Cramer’s members-only investing club , providing real-time trade alerts and investment advice from Jim Cramer and his research team.

As a member, you have access to Jim Cramer’s charitable trust portfolio where you can see every move Jim Cramer and his team make for the portfolio and get their market insight.

Also, through newsletters, articles, and live calls, Jim and his team break down recent purchases, discuss investments they got right, and explain lessons learned from what went wrong.

A bit of back story first.

Jim Cramer’s charitable trust portfolio was created in August 2005 with a stated mandate to donate any resulting dividends and distributions to nonprofit organizations.

Before 2022, you could gain access to Jim Cramer’s charitable trust portfolio by joining Action Alert Plus which was marketed and sold by TheStreet.

Around late 2021, Jim Cramer left TheStreet and is no longer associated with Action Alert Plus.

In Jan 2022, he launched CNBC Investing Club in partnership with CNBC.

Now, let’s take a closer look at what exactly you are getting from CNBC Investing Club.

As a member, you get full access to Jim Cramer’s charitable trust portfolio.

The number of stocks in the portfolio fluctuates over time.

But generally, there would be about 30 stocks in the portfolio.

On top of that, you get a real-time notification on every buy or sell trade that Jim Cramer and his team are about to make, together with their trading analysis.

Also, you will receive a trade alert before Jim Cramer makes a trade.

Jim Cramer waits 45 minutes after sending a trade alert before buying or selling stock in his charitable trust’s portfolio.

If Jim Cramer has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

So, what is the current holding of Jim Cramer’s charitable trust portfolio?

I am not legally allowed to disclose the current holding of the portfolio, so below is the public information taken from the CNBC website about the current portfolio holdings .

It is made up of tech names like Apple and Alphabet, software firms like Nvidia and AMD, and defensive plays such as Costco.

What about the entire Jim Cramer’s charitable trust portfolio holdings?

To give you a glimpse of what it is like, you can see the full list of Jim Cramer’s charitable trust portfolio holdings on this CNBC webpage as of Jan 2022.

As you can see, there are also healthcare stocks such as Abbott Laboratories and Eli Lilly and financial stocks such as Morgan Stanley and Wells Fargo in the portfolio as well.

So, you could say that it is a pretty diversified portfolio.

Inside the portfolio, the stocks will be given a rating:

• “1” means stocks that they would buy right now
• “2” means stocks that they would add on a pullback
• “3” means stocks that they would sell on strength
• “4” means stocks that they want to unload

Also, there are some stocks that are so-called “Core Holding”.

These “Core Holding” are companies that Cramer thinks should be held for the long term because on a financial level, they have high returns on equity, strong margins, and low debt.

However, based on the historical trades of Jim Cramer’s charitable trust portfolio, you can see that there is also frequent buy and sell activities on these so-called “Core Holdings”.

For one particular “Core Holding” stock, I saw that some shares were bought in Oct 2019 and were sold just a few months later.

For the portfolio as a whole, they are constantly analyzing their holdings (technically and fundamentally) on a daily basis and take action as necessary—take a little off the table, add to positions, and trim losers.

Just recently in Dec 2022, they trimmed their position in P&G (which is a stock that they still like and believe in) because the stock just had a two-month rally.

As you can see, there were trading alerts almost every day.

Personally, I feel that there is too much short-term trading taking place in the portfolio , and I believe in investing in great companies and holding them for the long term.

Let’s look at some “market-timing” trades made in Jim Cramer’s charitable trust portfolio.

As you can see below, they sold Wynn Resort Ltd in Jun 2022 at an absolutely low which is about $55 per share, and took close to a 50% loss on its position.

A few months later, Wynn Resort’s share price (as of 30 Dec) is about $82 per share.

The hard truth about trading?

The majority of traders lose money in the long term because no one can predict the short-term price movement of the stock.

So, if you are looking for stock recommendations for long-term growth and appreciation, then Motley Fool Stock Advisor would be a much better alternative.

Now, let’s move on to other features of Jim Cramer’s CNBC Investing Club subscription.

There is an “Analysis” section that mainly talks about general stock market trends and also gives the CNBC Investing Club’s take on quarterly earnings from companies whose shares are part of Jim Cramer’s Charitable Trust.

However, the so-called analysis of companies is most of the time just a recap of what the CEOs of the companies talked about.

I also find the “company-specific analysis reports” quite short-term focused and of little substance.

For example, this is an “analysis” report on P&G following an interview with the CEO of Costco.

There is another interesting feature inside CNBC Investing Club.

It is called “Bullpen”.

Basically, the bullpen is stocks that they are watching along with the stocks within Jim Cramer’s charitable trust portfolio.

By the way, it’s not a specific buy recommendation with an entry price.

It’s merely opportunities that they find intriguing.

Also, it’s not guaranteed that they would add these stocks to the portfolio because sometimes they will also place in the bullpen stocks that are either too small for the portfolio or carry a lot of risks.

Lastly, CNBC Investing members can join the monthly call with Jim Cramer where you can either watch it on a live video feed on any web browser or dial in to listen.

If you have questions for Jim Cramer, you can submit them in advance for him to answer during the live monthly call.

But, you can ONLY ask him questions regarding the current portfolio holdings or broader macro trends.

Basically, during the live call, Jim Cramer would talk about what has happened in the market and also briefly go through the individual stocks in the portfolio.

To sum up, the biggest selling points of this investment subscription service are Jim Cramer’s charitable trust portfolio and its real-time trade alerts.

Also, you could learn from Jim Cramer about how to analyze stocks and manage a stock portfolio.

So, will it really help you outperform the stock market?

That depends on the track record of Jim Cramer’s charitable trust portfolio as well as the performance of the individual stocks inside the portfolio.

Jim Cramer’s charitable trust Portfolio Returns Vs S&P 500

So, what is the past performance of Jim Cramer’s charitable trust portfolio over the years?

Did it manage to beat the market every year?

Now, let’s look at the performance comparison between Jim Cramer’s charitable trust portfolio and S&P 500 every single year since 2001.

As you can see from the table, Jim Cramer’s charitable trust portfolio has ONLY narrowly beat the market 7 times out of the 20 years from 2002 to 2022.

Honestly, I am not wowed by this performance.

I mean, you would be much better off just putting your money in S&P 500 index ETFs, and also saving yourself a $399.99/year subscription fee, and also saving yourself a lot of time from making so many trades based on the alerts.

So, if you are looking for a stock picking service for long-term investments with a proven track record of beating the market, I highly recommend that you check out my review of Motley Fool Stock Advisor .

CNBC Investing Club Cost

So, how much does Jim Cramer’s CNBC Investing Club cost?

There are three types of pricing plans:

• Monthly subscription: $49.99/month
• Annual subscription: $33/month (or $399.99/year)

Currently, there is no free trial.

What is their refund policy for CNBC Investing Club?

Once you have made payments, CNBC does not provide refunds or credits for any unused services.

If you don’t intend to renew your subscription, you need to turn off auto-renew on your subscription in the “settings”.

Is the CNBC Investing Club subscription expensive?

Personally, I don’t think it’s worth paying $399.99 per year for it.

Here’s why.

If your investment portfolio is less than $40,000, $399.99/year would be more than 1% per year in fees taken out of your portfolio.

Over time, “a small 1% fee” would add up and significantly reduce your overall returns.

It would ONLY make sense to make such “a high percentage fee” if it can help you outperform the market by a lot.

Why did I say it is a high percentage fee?

This is because Vanguard S&P 500 Index ETF only charges 0.04% a year in fees.

So far, as you can see, Jim Cramer’s charitable trust portfolio has underperformed the S&P 500 index since its inception.

Furthermore, the stock picks in Jim Cramer’s charitable trust portfolios are NOT for long-term investments, unlike Motley Fool Stock Advisor stock picks.

There are just too many trades (adding to positions, taking profits, or trimming positions) going on to my liking.

For me, I want to buy fundamentally solid stocks with long-term growth potential and hold them for years, and not get affected by the temporary market swings.

By the way, that’s what investment legends Warren Buffet and Charlie Munger do to accumulate their wealth.

Do you see Warren Buffet buy and sell stocks in his portfolios frequently?

In fact, he has been holding Coca-Cola for 32 years and still holding it.

That’s why I prefer Motley Fool Stock Advisor to CNBC Investing Club and have been a paying Stock Advisor subscriber for years.

Price-wise, Motley Fool Stock Advisor is only $79/year, which is just a third of what you would pay for CNBC Investing Club.

CNBC Investing Club vs. Motley Fool Stock Advisor

So, what is the key difference between CNBC Investing Club and Motley Fool Stock Advisor?

CNBC Investing Club gives you access to Jim Cramer’s charitable trust portfolio and gives you real-time alerts on any buy or sell trades that are going to happen in its portfolio.

There could be as many as five alerts in one day, so there is much more short-term trading than long-term investing.

On the other hand,  Motley Fool Stock Advisor gives specific stock recommendations every month to help you build a stock portfolio for potential long-term growth.

It shows its members what stocks it is recommending, what the recommended purchase price is, and exactly why it might be a good stock for long-term investment together with the potential risks involved with the stock.

Also, there is no need to worry about when to sell because it gives its members a real-time notification about when it thinks it is the right time to sell the stock.

Now, let’s compare Motley Fool Stock Advisor’s performance with that of Jim Cramer’s charitable trust portfolio.

As both investment subscription services started on different dates, it would not be fair to compare their performance directly.

So, we would be using the S&P 500 as a benchmark to measure its performance since its inception.

First, let’s look at the performance comparison between Jim Cramer’s charitable trust portfolio and the S&P 500.

As of 31st Dec 2022 , the returns of Jim Cramer’s charitable trust portfolio are about 186% while the returns of the S&P 500 index are about 215%.

That means Jim Cramer’s charitable trust portfolio has been underperforming the S&P 500 index since 2001.

First of all, let’s take a look at their track record as of 12th March 2024.

Below is the performance comparison between Motley Fool Stock Advisor and S&P 500 between 2002 and 12th March 2024.

As of 12th March 2024, average Motley Fool Stock Advisor recommendations have returned over 651% since inception while the S&P 500 has returned 150%.

In short, the Motley Fool Stock Advisor has outperformed the market 3 to 1.

But, what about its individual stock picks?

Below is a table that shows you the performance of individual stock picks over the years.

As of 6th September 2023, Motley Fool Stock Advisor has had 173 stock recommendations with 100%+ returns .

[Past performance is no guarantee of future results. Individual investment results may vary. All investing involves risk of loss .]

Will the Motley Fool Stock Advisor always be right about their stock recommendations?

No, because no one can be right about their stock picks 100% of the time.

Let me sidetrack a bit here.

If any stock-picking service tells you that they have a close to 100% success rate on their stock picks and can guarantee you high investment returns, you should definitely stay away.

Even Warren Buffet has loss-making stocks in his portfolio, but he still achieves above-average returns because a few big gainers in the portfolio can make up for the under-performers.

What I like about the Motley Fool Stock Advisor is that they are very open and transparent about their bad investments.

As a member, I can see the performance of ALL its past and current stock recommendations (even for closed positions).

Some other stock-picking services that I’ve tried, don’t publish the performance of all their past and current stock recommendations, so it’s not easy for you to find out their past track record.

Personally, I used Motley Fool Stock Advisor to get stock ideas because they have a track record of finding multi-baggers.

For example, it recommended Nvidia back in 2005, then again in 2009, then again in 2017.

It first discovered Netflix back in 2003 and has recommended it multiple times over the years as shown below.

So, I like to use the Motley Fool Stock Advisor as an important source of investment ideas.

I will read their research team’s analysis and then also do my own independent research on platforms such as Seeking Alpha , Stock Rover and Morningstar before I decide whether or not I want to invest in the stock.

So, if you are thinking of getting into stock investing, I recommend the Motley Fool Stock Advisor because I think there are a lot of well-researched stock recommendations with long-term growth potential.

Lastly, let’s compare the pricing.

So, how much does CNBC Investing Club cost?

Its annual subscription is $399.99/year.

Now, what about Motley Fool Stock Advisor?

Usually, its annual subscription is $199.

Right now, there’s a special limited-time $89 offer* for new members for the first year when you click the link here to try it out for 30 days with a Membership-Fee-Back Guarantee. (*Billed annually. Introductory price for the first year for new members only. First-year bills at $89 and renews at $199)

So, for $89 a year- that’s just $1.70 a week – you can gain unlimited access to their library of expert stock recommendations which are carefully selected to help you grow your wealth.

Limited Time: Special $89 Stock Advisor Introductory Offer For New Members

About Gladice Gong

Gladice Gong is an ex-proprietary trader. She is also a personal finance writer with many years of experience investing and trading the stock market.

Reader Interactions

November 25, 2022 at 5:36 pm

Gladice Great job exposing the underperformance of Jim Cramer and his fund. Perhaps the easiest way to compare investing performance is by using “annualized total returns” over specified time periods much the same way Exchange Traded Funds do, for example 1-year, 5-years, 10-years etc. Then the true “alpha” will jump out! I always suspected Jim Cramer was a lot of sizzle and no substance in terms of true outperformance. Thank you for exposing this fraudster! Anyone who charges a fee for investment advise that underperforms the SPX should be exposed.

February 17, 2023 at 3:15 pm

I have benefitted greatly by following Cramer’s recommendations by doing the opposite of what he recommends.

September 15, 2023 at 8:19 pm

The only reason to be in the club is if you want to loss money. Virtually all if his stock picks are down and setting up to go a lot lower. His historical track record is ~67% losers, so tell me why CNBC allows him to continue to rip people off. While I am not surprised that the AI bubble burst, I am surprised at how fast it happened. Most company’s have smoke and mirrors, and those who actually have a product resembles more of a 20 year data mining/analytics product, no where close to generative AI. Chip stocks will continue to get crushed as the demand (artificial) for AI hype come down from stratosphere. He would be smart to short each of his picks or write puts against them. Most people may not know that Cramer was forced to set up a charitable trust to pay restitution for his malfeasant’s while working on wall street. So, it is less of a charity thing, than a regulatory thing, which is why he is no longer allowed to trade on wall street. All of that said, there is some entertainment value especially when he ventures down rat holes like charting, in which he is fumbles his way to explain.

October 7, 2023 at 1:19 pm

This isn’t the first report of Cramer picks underperforming so no surprises here. What I don’t understand is msnbc allowing Cramer to hitch his wagon the way he does in the ads. I wouldn’t want to be associated with his overpriced and underperforming service. Why does msnbc think associating with Cramer is a good thing?

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Russell 2000, bitcoin usd, cmc crypto 200, jim cramer is talking about trump media and 10 other stocks.

In this article, we will take a detailed look at  Jim Cramer is Talking About Trump Media and 1 0  Other Stocks .  For a quick overview of such stocks, read our article  Jim Cramer is Talking About These   5  Stocks .

Jim Cramer in his latest program on CNBC tried to get to the bottom of the recent market decline amid rising yields and uncertainty around the Federal Reserve's rate-cut plan. Cramer said that the latest market decline was not "consequential" because if the upcoming jobs report comes in weaker than expected, the market will rebound as people would expect the Federal Reserve to cut interest rates to avoid a hard landing. Cramer said it's been a while since we saw a broader selloff, so we "forgot" how to "handle" one.

Cramer Explains the "Real" Reasons Behind the Latest Selloff

The CNBC host tried to get to the "real reasons" behind the latest selloff and found them in earnings, which he said are always important for him. Cramer first talked about payroll solutions company Paychex, Inc. (NASDAQ:PAYX) which recently posted downbeat sales for the fiscal third quarter ending February 29, 2024. Cramer specifically highlighted Paychex, Inc. (NASDAQ:PAYX) CEO comments delivered during the company's latest earnings call where he talked about some trends he's seeing in the jobs market.

"But however, a relatively stable macro environment, the softening in hiring we started to see in the second quarter continued in the third quarter. There is more choppiness in hiring across all customer segments and industries now. Our clients tell us they still can’t find qualified employees and are not willing to hire just anyone at higher wage rates, especially in areas with recent minimum wage increases and aggressive legislative changes. The demand for our HR technology and advisory solutions remains robust and the volumes of new clients added in the quarter were strong. We continue to deliver value for our customers as seen on our revenue retention results, which remain above pre-pandemic levels. Client retention for the third quarter was also in line with pre-pandemic levels and both revenue and HR outsourcing work site employee retention remains at record levels. As we continue to focus our resources on acquiring and retaining high value clients." [read the full earnings call transcript here .]

Cramer then turned to Tesla Inc (NASDAQ:TSLA), which he believes does not deserve to be in the Magnificent Seven group of stocks anymore. Cramer said that the problems Tesla Inc (NASDAQ:TSLA) is facing have to do with the overall declining demand for EVs in the US. He said Tesla Inc (NASDAQ:TSLA) is facing what Ford and GM had already faced.

Cramer said that the "real problem" with Tesla Inc (NASDAQ:TSLA) is that it turned out to be a car company instead of an "immortal tech company." However, Cramer said Tesla is a "headline grabber" and it always will be.

Cramer Recommends Investors to "Hunker Down" and Wait

Jim Cramer reiterated that we should always expect a 10% pullback on average every two years, based on the analysis of legendary economist Peter Lynch.  He also said that there weren’t "many" stocks that saw declines in the latest selloff. Instead, he thinks most of the losses were seen by individual stocks based on specific events and catalysts. Cramer thinks the market was overbought and the selloff was due, and he said it's not over yet. Cramer recommend investors to "hunker down" and wait for the markets to rebound.

Jim Cramer has been recommending mega-cap quality names like Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG) over the past few months as he's highly bullish on the AI revolution that is boosting several names under his coverage.

Methodology

For this article we watched latest programs of Jim Cramer aired on CNBC over the past few weeks and picked some of the most important stocks he discussed. With each stock we have mentioned the number of hedge fund investors, where applicable. But why is it important to keep tabs on hedge fund activity? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years ( see the details here ).

11. Trump Media & Technology Group Corp (NASDAQ: DJT )

Number of Hedge Fund Investors: N/A

On March 26, when Trump Media & Technology Group Corp (NASDAQ:DJT) was skyrocketing, Cramer said on CNBC that if I were Donald Trump "this is the moment" when you'd say it's time to release more shares.

"I am not sure where Mr. Trump's head is, but this is a moment where he could say, look, the stock's up 286%. No one would mind if I sold stock, so please let me do it."

Trump Media & Technology Group Corp (NASDAQ:DJT) shares have pared gains since. The stock is down 26% over the past five days as Trump Media & Technology Group Corp (NASDAQ:DJT) recently revealed that it had a net loss of about $58 million in 2023, while revenue in the period was $4.1 million.

10. AGNC Investment Corp (NASDAQ: AGNC )

Number of Hedge Fund Investors: 14

Jim Cramer is highly bearish on mortgage residential REIT AGNC Investment Corp (NASDAQ:AGNC). A caller recently asked Cramer whether he should buy AGNC Investment Corp (NASDAQ:AGNC) stock for dividends. Cramer’s reply was a resounding “No.” He asked the questioner to see how the stock has performed over the past few years, or “any period” for that matter. Cramer said this stock “just goes down” and “I don’t want you to touch that stock.” Cramer is bearish on AGNC but recommends buying Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG)  for the long term.

As of the end of the last quarter of 2023, 14 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in AGNC Investment Corp (NASDAQ:AGNC). The biggest stakeholder of AGNC Investment Corp (NASDAQ:AGNC) during this period was Karim Abbadi and Edward Mcbride’s Centiva Capital which owns a $16 million stake in AGNC Investment Corp (NASDAQ:AGNC).

9. Aris Water Solutions Inc (NYSE: ARIS )

Number of Hedge Fund Investors: 15

Water handling and recycling solutions company Aris Water Solutions Inc (NYSE:ARIS) is one of the stocks Jim Cramer was talking about recently. Cramer said that he’s a bit late to the stock since Aris Water Solutions Inc (NYSE:ARIS) shares have “almost doubled.” Cramer said he’d wait for a pullback in the stock price.

“Let’s see if we can get it back to $10.”

Aris Water Solutions Inc (NYSE:ARIS) shares have gained about 64% so far this year.

8. Tyler Technologies Inc (NYSE: TYL )

Number of Hedge Fund Investors: 29

Texas-based software company Tyler Technologies Inc (NYSE:TYL) stock is a Buy, according to Jim Cramer. When asked about the stock, Cramer said that it's a very "well-run" company. He also said that a government business is a "good business."

Tyler Technologies Inc (NYSE:TYL) is one of the stocks seeing heavy insider selling activity this year. John S Marr Jr, Tyler Technologies Inc's (NYSE:TYL) former CEO and current executive chairman of the board, sold 7,500 shares of Tyler Technologies Inc (NYSE:TYL) on March 13 at $425.07 per share.

Here is what Andvari Associates has to say about Tyler Technologies, Inc. (NYSE:TYL) in its Q3 2023 investor letter :

“After good results for the first half of the year, Andvari’s performance suffered at the end of the third quarter for two reasons. First, renewed fears of interest rates remaining higher for longer impacted multiple holdings that are most sensitive to rates. Companies with high growth prospects, like  Tyler Technologies (NYSE:TYL) , also declined. A third group also declined: our investments in fixed income and preferred securities for retirement accounts naturally declined in value as the prices of these securities go down when interest rates go up.”

7. Interactive Brokers Gorup, Inc (NASDAQ: IBKR )

Number of Hedge Fund Investors: 45

Jim Cramer is bullish on automated electronic broker platform company Interactive Brokers Gorup, Inc (NASDAQ:IBKR). When asked about the stock in a latest program, Cramer said that it’s an “incredibly well-run company” and “everybody feels that way.” In the same vein Jim Cramer also recommended investors to consider buying Charles Schwab shares. In addition to IBKR, Cramer is recommending Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOG).

Interactive Brokers Gorup, Inc (NASDAQ:IBKR) shares have gained about 39% over the past one year.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding Interactive Brokers Group, Inc. (NASDAQ:IBKR) in its fourth quarter 2023 investor letter :

“In Financials, we prefer well-placed insurance companies and niche businesses while tending to avoid banks which face credit deterioration and rising deposit costs.  Interactive Brokers Group, Inc.  (NASDAQ:IBKR) operates as an automated electronic broker worldwide. Third quarter’s earnings were above consensus estimates, aided by the combination of higher revenues and lower expenses. Despite the beat, its shares lost -4% due to reduced expectations around inorganic account growth as two new Asian broker relationships have been pushed out.”

6. Quanta Services Inc (NYSE: PWR )

Number of Hedge Fund Investors: 51

Jim Cramer hit the “Buy, Buy, Buy” button on Texas-based construction engineering company Quanta Services Inc (NYSE:PWR) during a latest Lightning Round segment of his program Mad Money on CNBC. Cramer said that Quanta Services Inc (NYSE:PWR) is “just fantastic.” He said Quanta Services Inc (NYSE:PWR) is a great infrastructure player.

“I think you’ve got a winner there.”

Artisan Mid Cap Fund stated the following regarding Quanta Services, Inc. (NYSE:PWR) in its fourth quarter 2023 investor letter :

“Along with DexCom, notable adds in the quarter included  Quanta Services, Inc.  (NYSE:PWR) and Jabil. Quanta provides outsourced skilled labor for maintenance and construction services, primarily to utilities. We have followed the company for over a decade and have witnessed its shift from oil and gas to renewables. The energy transition (solar and wind farms, electric vehicles, etc.) requires investments in the US energy grid to support greater electrification. At the same time, climate change is increasing stress on the existing grid, forcing utilities to increase maintenance spending. Furthermore, Federal incentive programs, such as the Inflation Reduction Act and Bipartisan Infrastructure Act, will help fuel Quanta’s long-term growth given its expertise in transmission and distribution connections as renewable energy infrastructure seeks to connect to the grid. The stock sold off early in the quarter on concerns that higher interest rates would lead to a pullback in renewables investments by utility customers. However, based on our industry research, we think Quanta’s key customers are well resourced and committed to meeting long-term electrification needs via infrastructure investment. We used the selloff as an opportunity to move the position into the CropSM at a more attractive valuation.”  

Click to continue reading and see  Jim Cramer is Talking About These   5  Stocks .

Suggested Articles:

Jim Cramer Says You Should ‘Buy, Buy, Buy’ These 11 Stocks

16 Best Financial Stocks To Buy According to Hedge Funds

Jim Cramer Says You Should Avoid These 11 Stocks

Disclosure. None.  Jim Cramer is Talking About Trump Media and 1 0  Other Stocks  is originally published on Insider Monkey.

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Christmas gift guide to Moscow surroundings

Visitors from America and Western Europe might be surprised to discover that Russia celebrates Christmas on January 7th. That’s because the Russian Orthodox Church follows the Julian calendar. After the end of the Soviet Union, some Russians have begun celebrating Christmas on December 25 in accordance with the Gregorian calendar. But many Russians still observe the tradition of fasting on January 6th, breaking the fast with a large feast on Christmas Eve after the first star has appeared in the sky.

During the Soviet era, Christmas and religious traditions were banned in Russia. Santa Claus was replaced by Ded Moroz, or, Grandfather Frost, an old man with a long white beard who would bring gifts to children on New Year’s instead of Christmas. According to Russian tradition, Ded Moroz is accompanied by his granddaughter, Snegurochka, the Snowmaiden, who helps him on his journey to give presents to children.

Although the tradition of having a Christmas tree, known as a yolka in Russian, was also banned during Soviet times, Russians got around this by having New Year’s trees from which they hung homemade decorations. Today, the restrictions of the Soviet Union have faded into history, and during the Christmas season visitors to Russia can even purchase Christmas ornaments in the shape of matryoshka dolls, or religious icons that depict nativity scenes.

Heading counterclockwise around the Golden Ring this holiday season, northeast of Moscow, your first stop will most likely be the city of Vladimir, home to some of Russia’s most striking churches and cathedrals. The Vladimir region is known for its fine crystal. Stop by the Crystal, Lacquer Miniatures, and Embroidery Museum ( 2 Bolshaya Moskovskaya ) for an overview of traditional crafts before visiting the gift shop in the museum to browse the crystal selection. Vladimir Chic ( 2 Dvoryanskaya ) also sells local glass and crystal work.

Typical souvenirs are also for sale in Vladimir’s old town, especially by the Golden Gate, a triumphal arch and defensive tower that is one of the last-remaining parts of the wall that once surrounded ancient Vladimir and a sure stop on any tour of the Golden Ring.

Just 63 kilometers from Vladimir lays the nearby city of Gus-Khrustalny , the ‘Crystal Goose,’ also home to a rich glass and crystal making tradition. You can visit the glassmaking factory in Gus-Khrustalny and buy gifts ranging from plates and vases to decanters, or visit the outlet store back in Moscow ( 4 Ilyinka ) just east of the Kremlin.

North of Vladimir, you’ll arrive in Suzdal, one of the Golden Ring route’s more tranquil towns. Suzdal boasts a number of small bazaars and stands outside the main tourist sites where visitors can purchase local honey mead, called medovukha, along with traditional crafts, like a pair valenki, or Russian woolen boots, which make an ideal Christmas gift for friends and family back home. The shopping stands outside Suzdal’s Museum of Wooden Architecture and Peasant Life ( Ul. Pushkarskaya ) are also highly recommended. Market Square ( Torgovaya Pl ) houses a number of shops where visitors can search for arts and crafts.

Following the Golden Ring north of Suzdal, many tours will stop in the city of Kostroma, a former trading outpost on the immense Volga River. One of the city’s highlights is the Museum of Linen and Birchbark ( 38 Tereshkova ), where visitors can view exhibits on traditional Russian crafts woven from flax and bark. A gift shop in the basement sells tablecloths, napkins, baskets, linen dolls, and traditional clothing typical of the region.

South from Kostroma, stop in the city of Rostov-Veliky for enamel jewelry, a craft which allows artists to produce small paintings on metal that are then fired to produce a thin glaze over the image. Rostov became famous for its tradition of enamel work. Today, visitors can purchase rings, earrings, bracelets, brooches, and jewelry boxes in the gift shop of the Rostov Enamel factory ( 3 Borisoglebskoye Highway ).

While you’re in Rostov, visit the House of Crafts ( 16 Vtoraya Tolstovskaya Naberezhnaya ) for local pottery and the Souvenirs shop ( 5 Ul. Kamennyi Most ) for ushanka hats—Russian fur caps with earflaps—paintings, and samovars for tea lovers.

The last two stops on a tour of the Golden Ring are the cities of Pereslavl-Zalesskiy and Sergiev Posad. Pereslavl is most famous for its embroidery work, available at the Art Salon ( 12 Ul. Sovetskaya ) along with souvenirs made of wood and stone. Nearby Sergiev Posad is considered the place where Russia’s matryoshka dolls were first invented, and was the chief production center of the dolls before Soviet times. Visit the city’s Toy Museum ( 123 Pr. Krasny Armii ) to get a better sense of the birthplace of one of Russia’s most recognizable toys, then head over to the market alongside the Trinity Monastery of St. Sergius—one of the city’s most important sites—to load up on matryoshka dolls, painted eggs, and icons before going home.

If you’ll be in the Golden Ring during New Years, the city of Vladimir hosts an impressive Christmas fair, with an iceskating rink and performances by local artists, in the main square ( Sobornaya Pl ). In most other Golden Ring cities you’ll find similar events in the center square as Christmas nears.

Most shops and markets in the Golden Ring are open year round. If you’re coming to Russia for a short period of time, whether in winter or summer, consider a trip to this stunning part of the country, and bring an extra bag if you plan to go shopping for Christmas gifts.

All rights reserved by Rossiyskaya Gazeta.

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