CNBC has just announced the launch of CNBC Investing Club, a new subscription service that provides subscribers with behind-the-scenes analysis of market trends. The team at CNBC includes Jim Cramer, who will serve as managing editor of the subscription service. He will also be working with Jeff Nash, who will focus on editorial strategy and produce exclusive content for the new service.
This service costs $400 to $600 a year and provides subscribers with real-time alerts on their trading portfolio. It can also provide a learning community. Investing is a competitive field, and Cramer has a solid track record of picking winners. Moreover, he knows a lot about the industry, so he’s a good source of information.
In addition to his stock picks, Cramer also uses his personal wealth to help others. He has an estimated $150 million in net worth, and is one of the most popular financial analysts on television. He also has 1.8 million followers on Twitter. Members of his Investing Club receive alerts about the stocks he’ll be trading. To avoid conflicts of interest, Cramer waits at least 45 minutes before making a trade, and a minimum of three days after talking about a stock on his show.
CNBC Investing Club’s host Jeff Marks and Jim Cramer discuss recent market news and analyst calls, as well as the decision-making process behind purchasing stock. They even interview CEOs of three club names, including AMZN, NVDA, and JNJ.
CNBC brings Wall Street to users via its website, which includes breaking news alerts and market data. CNBC TV and live audio is also available. Moreover, members can subscribe to CNBC PRO for exclusive information and insights. They can also attend Cramer’s live conferences and receive other services from the cable network, such as CNBC’s events.
Each weekday, CNBC Investing Club with Jim Cramer holds a livestream of the Morning Meeting at 10:20 a.m. ET. During the livestream, Cramer analyzes the latest market developments. His picks include AMZN, QCOM, TJX, and SBUX. While the S&P 500 declined 0.5% Monday, Cramer trimmed SBUX.