🙃 Inverse Cramer Weekly Update – Jun 8
MONDAY JUN 2
I’m not fighting it. You can own it. It’s a nice speculative stock.
-On Aurora Cannabis ($ACB)
It’s very cheap, but I don’t have a catalyst. I would still rather own Nvidia than I would Skyworks. Got to go with the best of breed.
-On Skyworks Solutions ($SWKS)
We think Sezzle’s had its day. I don’t think we can recommend Sezzle any higher here.
-On Sezzle ($SEZL)
I can’t believe it had that earnings breakout (Buy, Buy, Buy). I’m a holder. Not a buyer, because it just had that spike. But if it came down, I would certainly be a buyer.
-On Build-A-Bear (BBW)
Oil at $62 a barrel does not make me interested. If you think oil’s going to go up you do have a winner. HighPeak is levered to the price of oil more than almost all of them.
-On Highpeak Energy ($HPK)
TUESDAY JUN 3
If you have not something good to say, don’t say it at all.
-On GoodRX ($GDRX)
It doesn’t make any money. I just don’t know if it has the horses.
-On Arrowhead ($ARWR)
Ramaswamy. The guy is cerebral, and he’s got a real good closing sense, and man, does he ever have momentum. He is project momentum.
-On Snowflake ($SNOW)
Enough is enough. Buy Dover right now, tomorrow morning.
-On Dover ($DOV)
WEDNESDAY JUN 4
I like Dominion. It’s fine. For a while, I was worried about the balance sheet. I think we’re ok with Dominion.
-On Dominion Energy ($D)
No, not a fan. Yield too low.
-On Iron Mountain ($IRM)
THURSDAY JUN 5
RELX is two thumbs up (Buy, Buy, Buy).
-On RELX ($RELX)
I personally would not own Altria Group.
-On Altria Group ($MO)
No, we’re not going to recommend that stock.
-On Lincoln National ($LNC)
I don’t want to do a lot of China right now. I’m not getting that vibe.
-On EHang ($EH)
FRIDAY JUN 6
I know it looks cheap, but when I read what Mark Zuckerburg has to say, he’s talking about disintermediating ad firms. I’m afraid he’s too powerful, I’m not going against him.
-On Omnicom ($OMC)
I want you to stay in it. If anything, I’d like you to buy more. We don’t care where a stock came from, we care where it’s going to. I think it’s going higher.
-On Walt Disney ($DIS)
I like subscription businesses, I think that they work. But I don’t think they have the growth. So, therefore, I’m going to say, if you want a subscription business, I want you to be in Spotify.
-On Peloton Interactive ($PTON)
Walmart is stuck with this level. It’s gaining momentum, it’ll burst through. I think it’ goes to 110.
-On Walmart ($WMT)
This thing is breaking out. It’s going back up. The quarter was better than most people realize. They are integral to a lot of chatbots. I think Reddit is a winner.
-On Reddit ($RDDT)
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