🙃 Inverse Cramer July 10
WEDNESDAY JULY 10
That is a terrific industrial company that making a really great move in the data center. I think the stock is going to $200. Dover is gonna be a big name for me in our monthly meeting for the club.
-On Dover ($DOV)
There are a lot of these high-tech companies that are fast growers. And a lot of companies that just became public in the last three years that really giving up big gobs while the stocks like Nvidia and Apple keeps going higher. I don’t want you to lose faith, but you have to understand, this is a concerted move of companies that have become public in the last 5 years all getting hit. Don’t panic, understand they’re coming down.
-On Cava Group ($CAVA)
I think the problem here is frankly that President Biden put a pause. I know the judges says no to that, but it put the whole multi-year plan under question. That’s why it’s going down.
-On New Fortress Energy ($NFE)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC