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In a statement released today, ADVFN (LSE:AFN) announced it will be partnering with TheStreet, Inc., a US-based financial news and services website founded by host of CNBC’s “Mad Money” and former hedge fund guru Jim Cramer.
ADVFN will distribute TheStreet’s core premium products to its various markets across the globe.
The partnership comes as ADVFN continues to expand its global reach, currently offering its services in the UK, the US, Canada,France, Germany, Italy, Brazil, Mexico, Russia, Japan, India, the Philippines, and Australia.
Executive Comments
- “Jim Cramer and TheStreet are two stars of the investment universe and we are excited to bring their superb content to our global audience. ADVFN continues to extend its global reach and is keen to bring only the very best products to its user base. This is another milestone in this development.” – Clem Chambers, CEO of ADVFN.
- “We couldn’t be more excited to partner with ADVFN, to provide their worldwide audience access to our premium products and help us continue on our mission to provide investors – regardless of geography – access to our actionable investment ideas.” – Elisabeth Demarse, CEO and President of TheStreet.
Shares of ADVFN were up roughly 4.2% as of 3:55 PM GMT today.
Available Products
- Action Alerts PLUS – A service that allows users to receive alerts when Cramer and Stephanie Link, Director of Research and Vice President of Strategy for TheStreet, are about to trade. Users will also receive in-depth economic analysis and access to Cramer and Link’s portfolio.
- Stocks Under $10 – This product allows users to receive insight from David Peltier, Cramer’s protege and a former analyst, on low-priced stocks with major upside.
- Real Money – “Independent market insight and actionable trade ideas from trusted Wall Street pros who aren’t afraid to tell it like it is.”
- Real Money Pro – This product offers tools such as sentiment monitors, which scan thousands of sources across the web searching for the latest trending stocks, as well as action-specific trade ideas, and keen market insight from TheStreet’s team.
Company Spotlight
ADVFN, incorporated in the UK, is a global stocks and shares information website. Originally a UK-based site, the company currently operates in the US, UK & Brazil. Global expansion has been a key area for ADVFN in recent years. The company has a joint venture in Brazil a country in which ADVFN has a geo- and language-targeted financial sites. This is in addition to its US, French, German, Italian, Canadian, Japanese, Mexican, Swiss and Indian ADVFN financial sites.
TheStreet is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels.
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