🙃 Inverse Cramer Weekly Update – Aug 2

ByRoman

MONDAY JUL 28

I’m worried about Brighthouse Financial, and peoplpe pass on that. I prefer Chubb.

-On Brighthouse Financial ($BHF)

I hate to say it, but I just don’t think it’s a high quality mine.

-On Hecla Mining ($HL)

I think that technical schools are the way of the future. I think the real jobs are not going to be white collar jobs, all of those will be taken away by AI. It’s going to be blue collar jobs with people have stable income.

-On Uni Technical ($UTI)

I like affinity social networks. This was losing a lot of money, it’s expected to make a lot of money next year, so I think it’s a very good level to buy Grindr.

-On Grindr ($GRND)

TUESDAY JUL 29

I’m going to take a pass on Toyota only because it just went up so much. But I like your instincts.

-On Toyota ($TM)

I’m going to say no to Advanced Auto Parts because I’m going to say yes to AutoZone (Don’t Buy, Don’t Buy).

-On Advanced Auto Parts ($AAP)

No, we don’t want Fortinet.

-On Fortinet ($FTNT)

Multiple is a bit high and I’m starting to get away from the enterprise software. It’s wearing on me.

-On Service Now ($NOW)

I’ll be a buyer of the stock, most certainly.

-On UGI ($UGI)

WEDNESDAY JUL 30

Stocks up 45%. I think Uber’s going to $200. I’d just say you go buy more here. That’s the only solution I see.

-On Uber ($UBER)

I would say this, I think you buy a little bit here, but we do need to see DRAM pricing go back up before you get a lot of good pin action in that stock.

-On Micron ($MU)

I think they’re in expansion mode. I don’t think they’re in sell mode. I don’t mind owning that stock at all.

-On KeyCorp ($KEY)

THURSDAY JUL 31

I think CoreWeave is good. Remember, Nvidia is better than CoreWeave. CoreWeave would tell you that.

-On CoreWeave ($CRWV)

I really like it. Let it come in and then do some buying.

-On Lam Research ($LRCX)

We don’t play that game. If you want to own that kind of stock, just go buy some Bitcoin or Ethereum.. Both are fine.

-On Bitmine Immersion ($BMNR)

It’s a pretty expensive stock. I like the concept but it’s up 40%, we got to wait to have it come in.

-On Lincoln Educational ($LINC)

FRIDAY AUG 1

There’s No Mad Money Today

CRAMER CLASSIC


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

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