🙃 Inverse Cramer Aug 4
MONDAY AUG 4
You’re fine with Tesla (Buy, Buy, Buy). It’s in transition from being a car company to being a technology company, and you want to be in there because the tech is worth a lot more than what it’s selling for right now. Don’t care where you bought it, care where it’s going to.
-On Tesla ($TSLA)
I can’t believe how poorly it’s doing. I’m not going to get behind it until we find out what the heck is really going on there.
-Accenture ($ACN)
The stocks acts better despite that bad news which I like. However, if they don’t get that warranty stuff down, it is just too tough to recommend.
-On Ford ($F)
If you believe in the company and you like shopping there. It’s got a good balance sheet, then you’re free to buy it.
-On Target ($TGT)
I like Snowflake. I think you can buy more (Buy, Buy, Buy). I think the quarter is going to be a very very good quarter.
-On Snowflake ($SNOW)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC