🙃 Inverse Cramer Jul 8
MONDAY JULY 8
KKR is the foremost, the other one I recommend is Blackstone. Those are the two I feel the most comfortable to recommend. I trust these people and know what they up to.
-On KKR & CO ($KKR)
I see Ferguson stuff everywhere. I think it’s a very very good company, but if you want HVAC then you’ve got to own Trane right here.
-On Ferguson ($PBR)
It had a very big run. I’ve got to tell you, it is coal base, I know the EO looks great, but I think you’re peaking in a coal cycle here. I am not gonna get in front of a peak of a coal cycle.
-On Alliance Resource ($ARLP)
Alibaba is the cheapest stock in the world, I believe. I think you’ve got to hold it right here. I’m not being aggressive, but you have to hold it.
-On Alibaba ($BABA)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC