Real Money Pro Review
If you’re interested in finding a stock news subscription service, you may have come across Real Money Pro. Real Money Pro is a news subscription service by TheStreet and run by investor Jim Cramer. This service offers articles, stock picks, market commentary, and more with the aim of providing ideas and analysis of stocks. Does this service sound like the one for you? Read our review of Real Money Pro and learn more before you buy.
About Real Money Pro
Real Money is one of several subscription services offered through TheStreet, an investment platform run by famed investor Jim Cramer. Real Money brings together articles, advice, stock picks, and market commentary from more than 30 professional traders, including Cramer himself. This service aims to provide ideas and analysis rather than simply help you pick stocks, so it is best suited for traders who are willing to do their own homework.
Real Money Pricing Options
A Real Money subscription costs $34.95 per month, $149.95 per year, or $249.95 for two years. Like Cramer’s Action Alerts service, you can try out Real Money for two weeks for free before signing up for a plan.
Notably, a Real Money subscription doesn’t unlock all of the articles on the site. To access articles written by around 20 contributors to Real Money, you will need a Real Money Pro account. A Pro upgrade costs a whopping $799.95 per year.
Real Money Features
The main feature that Real Money offers is commentary on current market events and individual stocks from professional traders. The site lists more than 30 well-known traders as contributors, and there are generally between 15 and 20 new articles posted to Real Money at the start of each trading day.
Articles tend to be short – most take only one to two minutes to read – and authors vary in whether they provide charts or actionable strategies for traders. If there is a particular author that you prefer, you can follow them and receive alerts every time they post a new commentary on Real Money.
All content on Real Money is searchable as well as organized by sector and asset class. In addition to commentary on US and international stocks, the site contains articles on bonds, commodities, currencies, and options. However, articles about these assets are posted with much less frequency. For example, there are typically only two to three new articles covering commodities on Real Money each month.
The other important feature that Real Money includes is daily stock picks. These come in the form of articles written by contributors that look much the same as the rest of the content on the site. The main difference is that all articles describing daily stock picks cover a single US stock rather than another asset or a sector-wide trend.
Jim Cramer Real Money vs. The Competition
Real Money is far from the only subscription service to offer market analysis with a focus on individual stocks. Seeking Alpha and The Motley Fool both offer similar services. So, how does Real Money stack up against these competitors?
Real Money and Seeking Alpha go in opposite directions when it comes to gathering and curating content. Whereas Real Money relies on a team of around 30 professional investors, Seeking Alpha crowdsources articles from a much larger group of traders – few of whom have the same name recognition of the contributors to Real Money. It’s difficult to say whether one set of traders is more trustworthy than another, since neither service publishes profit and loss records for its recommendations. Notably, you get more articles each day with Seeking Alpha than with Real Money – although this can either provide more information or more noise, depending on your perspective.
One big plus to Seeking Alpha over Real Money is that it offers additional tools on top of market commentary. With Seeking Alpha, you can maintain a watchlist, compare financial data for up to six stocks side by side, and search for stocks using a custom screener. Seeking Alpha is more expensive, though, with annual subscriptions starting at around $240.
The Motley Fool provides very similar stock-specific commentary to what you get with Real Money, except that all Motley Fool articles are free to read. That said, The Motley Fool’s coverage often focuses on analyzing popular stocks rather than directing you towards potential opportunities that the majority of traders might be missing. In that sense, traders looking to generate ideas might find Real Money to be more useful.
However, The Motley Fool also offers a genuine stock picking service called Stock Advisor. There are only two picks per month, but the service’s portfolio has gained an astounding 441% since its inception in 18 years. When you consider that Stock Advisor costs just $99 per year, it can be very attractive to turn to this service and put far less work into investing than what Real Money entails.
How Does Real Money Stand Out?
The main attraction to Real Money is that it has a lot of well-known professional traders and investors writing for it. The service is headlined by Jim Cramer, who has an enormous following thanks to his nightly show on CNBC. Cramer typically posts at least one article a day, and he is joined by a number of other well-known traders like Bruce Kamich, James Deporre, and more.
In fact, Real Money’s value largely rests on the articles it publishes each day. The service doesn’t include any extras like a stock screener, fundamental data, or charting analysis that could increase its usefulness to investors.
The catch to this model is that many of the investors on Real Money, including Jim Cramer himself, have mixed records of success. This is compounded by the fact that there is no record of whether the daily stock picks or analysis offered on Real Money has proven to be profitable over the long term. Given the abundance of similar, but less expensive market commentary services, you should carefully consider whether Real Money is worth the pricey subscription fee.
What Type Of Trader Is Real Money Pro Best For?
Real Money only provides market commentary, not outright stock picks or trade strategies. Therefore, it is best suited for traders who are willing to do their homework based on the analysis that Real Money’s professional traders offer. Ideally, this service can be a tool for generating new trade ideas and for building a case for why a position may be good or bad within the context of an existing strategy.
- Daily articles from professional traders
- Short articles make it easy to read all new content
- Searchable and organized by market sector
- Daily stock picks to generate ideas
- Some coverage of bonds, options, commodities, and currency
- Very expensive subscription options
- Doesn’t include any ancillary analysis tools
- Overall amount of content isn’t huge