🙃 Inverse Cramer Weekly Update – Jan 26
MONDAY JAN 20
Martin Luther King Jr. Day & Trump’s Inauguration
TUESDAY JAN 21
It’s a quantum stock, these are short squeezes. If you want to participate in a short squeeze, this is better than most. How about that?
-On Rigetti Computing ($RGTI)
I think ASML is a remarkably great company, and I think you should buy it.
-On ASML Holdings ($ASML)
I don’t want to sell it here, we might be at some sort of trough at this very moment in Dow pricing. So, I think you should hold on to the stock.
-On Dow ($DOW)
This stock has come down down down at this level. I cannot count in selling Cleveland-Cliffs at this level.
-On Cleveland-Cliffs ($CLF)
WEDNESDAY JAN 22
If they make money, I’ll recommend them. I only like to recommend companies that are making money.
-On The Honest Company ($HNST)
This thing doesn’t quit, it doesn’t know how to quit. This stock is going to keep going up, because it’s a love stock.
-On AppLovin ($APP)
I like this company. This company now turned profitable. It’s doing a lot of good things. It’s not expensive on its growth rate. It’s speculative, but I like it.
-On Sportradar ($SRAD)
I’m worried about Wingstop.
-On Wingstop ($WING)
THURSDAY JAN 23
This is a meme stock. I’m never going to get in the way of a meme stock because you never know how high they can go.
-On SoundHound ($SOUN)
That stock is so cheap, Oh I want to buy it. That stock is the cheapest I’ve seen in a long time. I really like LRCX.
-On Lam Research ($LRCX)
It’s my absolute favorite of the group. I think you’ve just got to just stand there and buy it.
-On Enterprise Products ($EPD)
I’m not an oil guy here. We’re not adding anymore oils.
-On Chord Energy ($CHRD)
FRIDAY JAN 24
It’s a very good company, and it did come up from the ashes. As a matter of fact, it’s come up so much, it’s up 28% for the year, so I cannot sanction buying it.
-On Tetra Technologies ($TTI)
I can’t recommend anything on a straight line. But if it pulls back a couple bucks, though, it’s good, because this should be one of the great pharma stories because it’s got the best growth in device and pharmaceuticals. I think it’s great-Abbot is a great company.
-On Abbott Labs ($ABT)
I’m worried about Wendy’s. That should not have a 7% yield. That to me says something may be wrong here…They have not demonstrated that they can pull it off in a very competitive world.
-On Wendy’s ($WEN)
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