🙃 Inverse Cramer Weekly Update – Jul 27
MONDAY JUL 21
I’ve always felt that GVA was a takeover target. I do believe that the infrastructure play is still on, and therefore Granite is still on.
-On Granite Construction ($GA)
Momentum? That stock is up a 100% – that’s a big momentum. You’ve got to do a schnitzel (Sell, Sell, Sell). Take a little of the table because that thing had been a horse.
-On Solid Power ($SLDP)
ENVX is another stock that is just up way too much. This is called parabolic buys, soand when you buy parabolic stocks what happens is a a parabolic down. Therefore, we’re not going to buy that stock.
-On Enovix ($ENVX)
I would tell them to buy some now, the stock is down. That is the way to go. (Buy, Buy, Buy).
-On Starbucks ($SBUX)
TUESDAY JUL 22
UPS is a real quandary. I love that yield, but I do think that the fundamentals are still hurting. I’m going to have to take a pass on that one (Don’t Buy! Don’t Buy! Don’t buy! Don’t Buy!).
-On United Parcel Service ($UPS)
Modine’s got a lot of good things going. It’s a good industrial – not great one. I think Dover is a better play for you than Modine.
-On Modine Manufacturing ($UNCH)
ETR’s had such a run, I know it can go higher, Meta likes it. I’m going to say right here (Don’t Buy! Don’t Buy!)
-On Entergy ($ETR)
WEDNESDAY JUL 23
We’re still on the verge of finding out what this Seagen acquisition does. Let’s give Dr. Bourla two more quarters. Then we will fish or cut bait.
-On Pfizer ($PFE)
Here’s what you will do. Take out your cost basis, and then you’re going to let the rest run. And I’ll see you at $1000.
-On CrowdStrike Holdings ($CRWD)
Marvin Ellison is hitting the ball, he’s doing his best. You think I’m going to quit Marvin Ellison now? Absolutely not (Buy, Buy, Buy!).
-On Lowe’s Companies ($LOW)
THURSDAY JUL 24
One of them is making money, Shutterstock. One of them is losing money, Getty. I think Shutterstock’s better but doesn’t really have the growth that I’d like to see.
-On Shutterstock ($SSTK)
ET got its act together a long time ago. It’s a really, really good stock (Buy, Buy, Buy!).
-On Energy Transfer ($ET)
I totally get Nebius Group, but I am through and through a CoreWeave person, can’t own them both.
-On Nebius Group ($NBIS)
FRIDAY JUL 25
No Mad Money Today
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