🙃 Inverse Cramer Weekly Update – Jul 20
MONDAY JUL 14
I’m not going to fight a six times earnings stock as long as it’s making money. I think you’re ok. It’s an interesting spec.
-On ODP ($ODP)
I want to live by Palo Alto; I want to own the stock of Palo Alto. They’re doing a fabulous job.
-On Palo Alto Networks ($PANW)
TUESDAY JUL 15
It’s losing a lot of money, it’s down 50%. I’m going to have to take a pass on that name.
-On Fluence ($FLNC)
At this point, we’re going to wait for GE Vernova to come in. This thing is such a horse. We’re going to get a report this week in earnings. Maybe what we say is let’s hear what they have to say.
-On GE Vernova ($GEV)
I would rather just see what they report at this point.
-On Taiwan Semiconductor ($TSM)
It’s a money-losing company, and if we get rid of the fervor for the moment about quantum, you’ll be buying that $17 stock at $7. And that’s what I worry about the most.
-On Quantum Computing ($QUBT)
WEDNESDAY JUL 16
It’s ok. I mean, why not buy Agnico Eagle? That’s the one I really, really like. They’re doing so well. Let’s go with Agnico.
-On New Gold ($NGD)
I want you to own this D-Wave. One little story and that stock goes up 10 points.
-On D-Wave Quantum ($QBTS)
Never seen it this cheap. We’re holding it. I did have high hopes for their central nervous system drug. It better work. If it doesn’t work, we’re going to get rid of it.
-On Bristol Myers ($BMY)
You can speculate with it. As long as you understand that it’s speculation and nothing more.
-On CleanSpark ($CLSK)
THURSDAY JUL 17
Buy COP. Corterra is not delivering, we should be in ConocoPhillips.
-On Conoco Phillips ($COP)
I don’t know, but it’s going in the right direction. I think she got what it takes to take that stock much higher.
-On Advanced Micro Devices ($AMD)
I like CCJ. I think this is a winner. What would I’m going to say, I’m pro nuke and I think people should be in there.
-On Cameco ($CCJ)
FRIDAY JUL 18
No Mad Money tonight, but Cramer still had something to say on X. Know what that usually means?
CRAMER CLASSIC
That’s a wrap. As always, we’ll be following Cramer’s every move, so you can do the opposite.
See you tomorrow,
-IC