🙃 Inverse Cramer Weekly Update – May 18
MONDAY MAY 12
7.6% yield (Buy, Buy, Buy). The pipes are a great business here. They really are.
-On Energy Transfer ($ET)
I think it can bottom here. I still believe on the Seagen acquisition. Keep it here.
-On Pfizer ($PFE)
Very good stock. I would own the stock.
-On Kinsale Capital ($KNSL)
All the insurers are really terrific right now, and they have been good for some time. They’re all making fortunes, so I’m not going to go against any one of them.
-On Manulife Financial ($MFC)
TUESDAY MAY 13
I like SoFi (Buy, Buy, Buy). I think it goes to new highs.
-On SoFi Technologies ($SOFI)
The stock has some upside. They’re doing some consistent streaming so I’m okay with it.
-On Roku ($ROKU)
It’s inconsistent and too controlled by China, not America. So, I am not going to be a backer. I am going to say the fabled (Don’t buy, Don’t buy, Don’t buy).
-On GE Healthcare ($GEHC)
The beer business is soft, the spirits business is not so good. Frankly, I expected more from the company. I think the company has been a very big disappointment. I don’t need to be in stocks that have been disappointing.
-On Constellation Brand ($STZ)
WEDNESDAY MAY 14
You’ve got the right to be worried.
-On Omega Healthcare ($OHI)
Astera Labs is a company that is incredibly well run that has tremendous growth. I think it’s a good place to buy.
-On Astera Labs ($ALAB)
THURSDAY MAY 15
No, there couple of quarters had been week. If you want in that industry, you have to buy Lam Research. That’s the best one.
-On ASML Holding ($ASML)
No. You want to buy the one that’s not going to stock split, which is AutoZone.
-On O’Reilly Automotive ($ORLY)
No. Engineering and construction, we’re going to buy letter J, we’ll buy Jacobs. That’ll do it.
-On Fluor ($FLR)
FRIDAY MAY 16
I think it continue to go higher. It fits the thesis of what we expect in the era of AI and the need to be in your game in non-AI jobs.
-On Universal Technical ($UTI)
I think Sezzle is in a crowded space. I would actually ring the register on some Sezzle. It’s got a little too hot.
-On Sezzle ($SEZL)
I was skeptical, but so many companies need to to put up rockets, I think it’s actually a decent story. That’s a spec that I have not recommended until just now.
-On RocketLab ($RKLB)
That one is a bridge to far from me, to tell you the truth. It’s just a little bit too far.
-On Archer Aviation ($ACHR)
Normally it would be good to have the analytics involving commercial real estate, but right now commercial real estate is not doing well in this country. The stock sells for a very high multuple. It does make money, though, but it’s not for me.
-On CoStar Group ($CSGP)
I’d rather have you go with Cisco, which is a much cheaper stock.
-On Arista Networks ($ANET)
CRAMER CLASSICS
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