Action Alerts PLUS Review 2023
|By: Jeremy Biberdorf||May 31, 2023|
In a nutshell: Action Alerts PLUS is the flagship subscription, though one of many, offered by financial website TheStreet. Started back in the mid-1990s by well-known investor Jim Cramer, TheStreet covers everything financial, and Action Alerts PLUS is a popular service that offers frequent trade alerts and other benefits.
Action Alerts PLUS is a popular service, but it has many competitors. What about it sets it apart from these competitors? How does it work, and what are its top features?
Read on for answers to these questions and more as part of our comprehensive Action Alerts PLUS review.
|Monthly Billing | $29.99/mo||Annual Billing | $16.67/mo||Two-Year Billing | $12.50/mo|
- Experienced management and diversified portfolio
- Real-time trade alerts by text and/or email
- Daily market rundown video
- 24/7 portfolio access
- 14-day free trial and competitive pricing
- Traders need to be fairly active
- Not the most transparent service in terms of past performance
Action Alerts PLUS Review 2023 | Is Action Alerts PLUS Right for Me?
Jim Cramer is quite a character, which you’ll know if you’ve ever seen his CNBC show, Mad Money. He’s also had a great deal of investing success, from his days in law school to Goldman Sachs and starting his own hedge fund.
Although Jim Cramer no longer runs Action Alerts PLUS (AAP) himself (TheStreet was bought out a couple of years ago), his fingerprints are all over it. Depending on your respect for Cramer and his trading methods, you may like or dislike Action Alerts PLUS.
In any case, it has its fair share of pros and cons. Keep reading to learn more, including about how it works and what its top features are.
How Does Action Alerts PLUS Work?
Action Alerts PLUS is run by The Arena Group, which bought it from Jim Cramer in 2021. Bob Lang and Chris “Bulldog” Versace are now the two primary figures behind Action Alerts PLUS, and collectively they have over fifty years of trading experience.
Action Alerts PLUS gives you access to TheStreet’s own portfolio, meaning that you can mirror it however you prefer. The holdings are diversified across nine S&P sectors and selectively overweights those sectors where TheStreet’s team sees the most growth opportunities. Positions are fairly frequently adjusted.
When the portfolio changes and trades are made, Action Alerts PLUS members receive notifications. This allows you to keep up with the portfolio, but it also requires a considerable amount of time should you want to constantly mirror their trades.
Other benefits include a daily rundown video and a monthly call that provides market insights.
Let’s take a look now at some of the other top features.
Action Alerts PLUS Features
In an investment landscape brimming with services such as The Motley Fool Stock Advisor, Action Alerts PLUS carves out its unique niche through a suite of distinctive features. Here’s how Action Alerts PLUS distinguishes itself:
Real-Time Trade Alerts: You can stay connected with the market wherever you are. Thanks to mobile and email alerts, you’ll be promptly notified of trades made by the Action Alerts PLUS portfolio. This real-time information allows you to mirror the trades that align with your own investment strategy, whether you’re at home or on the move.
Round-the-Clock Portfolio Access: If you happen to miss the real-time alerts, worry not. You’ll always have transparent access to the AAP portfolio, allowing you to keep track of the portfolio’s composition and mirror it to your preferred extent.
Exclusive Monthly Calls: As an AAP member, you’ll have the privilege of attending monthly calls with the service’s management team. These calls offer invaluable insights into the stock market and the driving forces behind the decisions made for the AAP portfolio.
Member Forum: The service offers a forum for members to engage in lively discussions about the market and their trading ideas. With a sizable community participating, there’s always a wealth of insights and perspectives to glean from.
Analysis Articles: Another unique feature is its in-depth analysis articles and business news. These articles provide a deeper dive into various market trends, specific stocks, and more, serving as an additional source of valuable information for subscribers.
Innovative AAP Rating System: One of the new additions to the service is the AAP Rating System. This system categorizes stocks into four categories:
- Buy Now: Stocks that are currently attractive for purchasing.
- Stockpile: Stocks to accumulate more during pullbacks or upon successful testing of technical support levels.
- Holding Pattern: Stocks to hold onto while waiting for a new catalyst to trigger the next move.
- Sell: Stocks that they plan to sell.
This unique rating system provides another layer of guidance to help you navigate your investment decisions.
Action Alerts PLUS Pricing & Plans
Action Alerts PLUS is a members-only investing club and it requires a subscription fee.
To join the AAP investing club, you have three options:
- Monthly Subscription Billing | $29.99/mo
- Annual Subscription Billing | $16.67/mo
- Two-Year Billing | $12.50/mo
As you can see, you can easily save a lot of money by opting for a one-year or two-year subscription.
Each subscription comes with a 14-day free trial.
Who Is Action Alerts PLUS Best For?
Active Traders: Since AAP provides real-time trade alerts of individual stocks, it’s ideal for active traders who want to stay informed about the latest changes in TheStreet’s portfolio and possibly mirror their trades.
Diversified Portfolio Seekers: If you’re looking to diversify your investment portfolio, this could be a good fit. The service’s portfolio is diversified across various sectors, which can help reduce risk and potentially increase returns.
Investors Seeking Guidance: Offers exclusive access to monthly calls with management, providing subscribers with regular insights into market trends and the rationale behind the portfolio’s moves. This can be beneficial for investors seeking guidance and expert opinions.
Community-Driven Investors: The service also includes access to a member forum, making it a great choice for those who appreciate being part of a community where they can discuss market trends, share trading ideas, and learn from other investors.
Fans of Jim Cramer’s Investing Philosophy: While Jim Cramer no longer runs Action Alerts PLUS, his investment philosophy still influences the service. If you respect his approach to investing, you might find value in the services.
Maximizing Your Use of Action Alerts PLUS
Action Alerts PLUS offers a plethora of tools and resources for subscribers, but making the most out of it requires a strategic approach. Here are some tips to help you maximize your use of this service:
- Stay Active and Engaged: Designed for active investors who are willing to put in the time to follow and potentially mirror the trades of TheStreet’s portfolio. Keep an eye on your email or mobile device for real-time trade alerts so you can promptly evaluate and act on them if they align with your own investing strategy.
- Utilize the Members-Only Calls: These calls provide valuable insights into market trends and the decisions driving the portfolio’s moves. Make sure to carve out time to attend these calls and come prepared with any questions you might have.
- Participate in the Member Forum: The member forum is a treasure trove of insights from other investors who subscribe to Action Alerts PLUS. Don’t just be a passive observer—actively participate in discussions, ask questions, and share your own insights. Learning from others’ experiences and perspectives can help enrich your own investing journey.
- Understand the Philosophy Behind the Portfolio: While the portfolio is diversified across different sectors, it selectively overweights sectors where TheStreet’s team sees the most growth opportunities. Understanding this philosophy can help you better understand the reasoning behind the portfolio’s composition and trade alerts.
If you’re still on the fence about whether Action Alerts PLUS is right for you, take advantage of the 14-day free trial. This allows you to test out the service and see firsthand if it aligns with your investing style and goals.
Remember, no investment service can guarantee profits, and all investments come with the risk of loss. It’s important to do your own due diligence and consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
Is Action Alerts PLUS Legit?
When it comes to investing services, it’s essential to ensure that they’re legitimate and trustworthy. Rest assured, Action Alerts PLUS is a legitimate service backed by a reputable financial news and services website, TheStreet.
Founded in the mid-1990s by renowned investor Jim Cramer, TheStreet has a long history in the financial space. Action Alerts PLUS is one of its flagship services, offering a wealth of features including real-time trade alerts, 24/7 portfolio access, exclusive monthly calls, and more.
The service is managed by The Arena Group, which bought it from Jim Cramer in 2021. The team behind Action Alerts PLUS, Bob Lang and Chris “Bulldog” Versace, collectively have over fifty years of trading experience, further enhancing the service’s legitimacy.
Moreover, Action Alerts PLUS is transparent about its investment approach. The service shares its portfolio, which is diversified across nine S&P sectors, and sends real-time alerts whenever trades are made. It also provides in-depth analysis articles and a unique AAP Rating System, giving subscribers insights into their decision-making process.
However, while Action Alerts PLUS is a legitimate service, it’s crucial to remember that all investing involves risk, including the potential loss of principal. The service does not guarantee profits, and its past performance does not predict future results.
Is Action Alerts PLUS Worth It?
Action Alerts PLUS may be worth it depending on your own unique needs and preferences. For active traders who want to mirror their portfolio with that of TheStreet’s Action Alerts PLUS portfolio, there’s no better option. It enables you to keep up with it at any time, thanks to the 24/7 portfolio access and real-time updates.
As a stock-picking service, Action Alerts PLUS has a fair amount of competition, and some of its rivals may offer more robust services and/or services that are cheaper.
Check out Action Alerts PLUS by clicking here, so you can see if it’s the right stock-picking service for you.
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