🙃 Inverse Cramer Weekly Update – Dec 15
MONDAY DEC 9
I think we’re in for a bit of a shakeout on this ones that aren’t making money. If I want AI I would go for NVIDIA…as it comes down.
-On Nebius Group ($NBIS)
This are consulting companies and this is now a very expensive stock. And I just think if you take a little off the table, you can always get back in. I’m calling it prudence.
-On Innodata ($INOD)
Not my cup of tea but I don’t think it’s a bad level to get involved. It’s not expensive.
-On Smith & Wesson ($SWBI)
This thing has gone down so much, it’s been such a disappointment. I think this stock is expensive going in the holiday season.
-On United Parcel ($UPS)
TUESDAY DEC 10
It’s one of my least favorite oils.
-On Occidental ($OXY)
I want you to keep owning it. If it goes down, just buy more. I like Energy Transfer.
-On Energy Transfer ($ET)
I really like that at $115, it’s a terrific idea. Their legal stuff is largely behind them and we will find out.
-On Abbot Labs ($ABT)
It’s speculative and as long as you know that I’m fine with it.
-On Archer Aviation ($ACHR)
WEDNESDAY DEC 11
The stock is actually cheap and we are buying for the capital trust (Buy, Buy, Buy). I really like it.
-On Advanced Micro ($AMD)
Yes if you can’t beat them, join them. I want you to buy the ETF. I’m a believer of crypto.
-On Bitcoin ETFs
It’s got really fabulous drugs. Even with the litigation, I do want to buy down here.
-On Johnson & Johnson ($JNJ)
Buy, Buy, Buy.
-On Netflix ($NFLX)
THURSDAY DEC 12
Pull the trigger and (Buy, Buy, Buy).
-On App. Materials ($AMAT)
That’s okay for a spec and they’re losing a lot of money.
-On Navitas ($NVTS)
You’re going up against Elon Musk on that one, and I found that of somewhat a suboptimal position. I’m going to say no.
-On Booz Allen ($BAH)
FRIDAY DEC 13
I like IBM. It’s still an expensive stock. It’s still got an upside. I am on board.
-On IBM ($IBM)
In the end it’s a material stock. Material stocks are linked with China, and therefore nobody wants them. Not now.
-On Alcoa ($AA)
Here’s the problem: there’s another company called Walmart and they’re crushing.
-On Dollar General ($DG)
WEEKEND BONUS
That’s a wrap. As always, we’ll be following Cramer’s every move, so you can do the opposite.
See you tomorrow,
-IC