🙃 Inverse Cramer Weekly Update – Apr 13
MONDAY APR 7
I’m backing your call right here right now. I like your call. I like your style.
-On Corning ($GLW)
I love that, salvage vehicles. It’s a very solid company. It’s got a carbon aspect to it. I like that too.
-On Copart ($CPRT)
They missed too many times. I’m gonna say no to that one, even though it’s came down a lot. Forget about it.
-On Lumentum ($LITE)
TUESDAY APR 8
Don’t want to be bigger than a small position. It’s a trucking company. We could be going into a recession, and it’s not a great group going into a recession.
-On J.B. Hunt Transport ($JBHT)
It’s a nice spec for a kid. Right now this thing is being hit and hit. It’s expensive even it’s a $4 stock.
-On Krispy Kreme ($DNUT)
ServiceNow is a very expensive stock in a market that no longer loves expensive stocks.
-On ServiceNow ($NOW)
WEDNESDAY APR 9
I’m taking a hard pass on that one.
-On Flex LNG ($FLNG)
KAR is a really really good company. Carvana is really good too.
-On Openlane ($KAR)
I never really cared right now for the energy trade. Let’s stay away from the energy trade.
-On Vistra ($VST)
THURSDAY APR 10
I like Snowflake. When I look at tech stocks that maybe a good one to be able to be in right now. I’ll pull the trigger.
-On Snowflake ($SNOW)
They have natural gas liquids that are stalled right here. I say don’t worry about it. It’s actually a fantastic choice.
-On Enterprise Products ($EPD)
No. It’s losing money. I can’t go for the losers.
-On Applied Digital ($APLD)
Coal prices has collapsed worldwide. We got to be careful. It’s not going to make us money.
-On Peabody Energy ($BTU)
FRIDAY APR 11
I think Cheesecake Factory is darn cheap. The restaurants are out of favor right now. But I want to give it Cheesecake Factory then see that with Texas Roadhouse.
-On Cheesecake Factory ($CAKE)
It’s one of the worst of the oils.
-On Occidental Petroleum ($OXY)
I felt very confident about it. I think O should be bought to this weakness.
-On Realty Income ($O)
Very steady stock. It can be own. Not that expensive. Good call.
-On Carriage Services ($CSV)
You can buy it.
-On Palantir ($PLTR)
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