In an email to subscribers, co-founder Jim Cramer wrote:
My job is not just to entertain you, but to teach you to make money. That’s why I decided to take my more than two decades of success on Wall Street and found Action Alerts PLUS in 2001. Unlike other money management advisories, my portfolio is set up as a charitable trust in which I have invested my own money, and all realized profits go to charity.
In 2007, I hired a young portfolio manager, Stephanie Link, to join my team running the charitable trust. Stephanie quickly became invaluable and built out a research team to uncover the very best stocks. The last eight years have been extremely rewarding as Stephanie and I and the rest of the AAP team have produced an exceptional service for you, our subscribers. But, “cream rises to the top” and after a great eight years, Stephanie informed me of her decision to join TIAA-CREF, the leading retirement provider with over $800 billion assets under management, where she will lead one of their flagship portfolios. Stephanie will be sorely missed, and I wish her the best of luck in her new role.
As always, you have my personal commitment to Action Alerts PLUS and to providing you with the best portfolio service in the industry. The research team, headed by Jack Mohr, a Georgetown graduate and former Barclays research analyst, has exceptional intellect and can out-model anyone on Wall Street and shares my passion for all things stock. We have worked side by side for the last year, and he is ready to take on the mantle the way Stephanie was back in ‘07. We will continue to work for you and uncover opportunities to buy low and sell high with alerts before I make any trade.
Link also writes daily alerts and weekly summary reports for subscribers. Link is a CNBC contributor and appeared regularly on “Fast Money Halftime,” “Closing Bell,” “Squawk Box” and “The Kudlow Report.”