🙃 Inverse Cramer Weekly Update – Dec 22
MONDAY DEC 16
Newmont is terrific, and I think you’ll do well. I think we need to have a hedge and it’s either be Bitcoin, Gold or both!
-On Newmont ($NEM)
It’s just a China stock. It seems to trade with the materials and the materials are trading off in China. That’s why this thing keeps on going down and I’m not gonna touch it until January because now everybody has a loss on the darn thing.
-On Dow ($DOW)
It’s time to ring the register. It’s up 40% and I think you should take profit in Clean Harbors.
-On Clean Harbors ($CLH)
I like Reddit and it has now a parabolic chart and I don’t know what to do about it. It’s just going bonkers. It’s an ordinary chart and it just moved up too much.
-On Reddit ($RDDT)
TUESDAY DEC 17
It’s a great American company but it does have a wonky problems that I think it would comeback to hunt it. I have to sell for the capital trust because it just kept missing the quarter.
-On Ford ($F)
That’s quantum computing. The stocks are all the same, they’re all parabolic. If you come in you have to understand that at this point it’s pure speculation. I am not a believer at this stage. I wish I caught them early.
-On Rigetti Computing ($RGTI)
These stocks all trade badly right now. Healthcare is so out of fashion right now it doesn’t matter how good it is.
-On Altimmune ($ALT)
It’s not worth anything other than a spec.
-On AST SpaceMobile ($ASTS)
WEDNESDAY DEC 18
Oracle does goes lower.
-On Oracle ($ORCL)
I don’t think the business is worth as much as the stock is selling. I would take some profits in that stock tomorrow morning.
-On Gilead Sciences ($GILD)
I think Uber is attractive and it comes down a lot. I do like it.
-On Uber ($UBER)
https://twitter.com/CramerTracker/status/1869466266320490820
https://twitter.com/CramerTracker/status/1869491223100375284
THURSDAY DEC 19
I like Walmart.
-On Walmart ($WMT)
Really well run but disappointing stock. I want you to stick with it, I would not get rid of the stock here, it’s too good a company.
-On Royalty Pharma ($RPRX)
The autos are the worst place to be. I would not want to own that stock.
-On Magna International ($MGA)
MTB is a very very good company. I would be buying it here. I don’t have a problem with that, I’m going against the great.
-On M&T Bank ($MTB)
FRIDAY DEC 20
I like the LNG market. It’ll still do well.
-On Cheniere Energy ($LNG)
She is some incredible CEO and that business is smoking hot. I would be a buyer (Buy, Buy, Buy) of Arista Networks.
-On Arista Networks ($ANET)
Let’s be careful but I think it’s a good spec.
-On Under Armor ($UA)
I like Wells Fargo right here (Buy, Buy, Buy). It’s going to be a fantastic year 2025. I would be a buyer of Wells Fargo.
-On Wells Fargo ($WFC)
Eaton is a buy and hold story. They are pure winners. Do not sell, own.
-On Eaton ($ETN)
WEEKEND BONUS
CRAMER CLASSICS
That’s a wrap. As always, we’ll be following Cramer’s every move, so you can do the opposite.
See you tomorrow,
-IC