🙃 Inverse Cramer Weekly Update – July 21
MONDAY JULY 15
Go for it. Jayshree Ullal is an amazing businessperson and I think it’s a fantastic stock. I’m not getting in the way of you making a lot of money. That is more than fair, it’s a great one.
-On Arista Networks ($ANET)
He scared me on recommending the stock. He came on, he said there will be a bank that’ll fail every single week. I can’t recommend that stock, I mean he has to be a little more upbeat for me to think that this stock is worth buying. He talked me out of his own darn stock.
-On Starwood Property ($STWD)
NIO is one of those stocks that if you sell it right here, some clown will come out and be positive about it, there’d be some planetary nonsense. It will go to 6 and you’ll hate me. Let’s just wait if all that stuff happens and then you can sell it.
-On NIO ($NIO)
TUESDAY JULY 16
Fortinet is not my favorite, Palo Alto is. We own it for the capital trust.
-On Fortinet ($FTNT)
Sarepta is a speculative situation where they have great science. I’m never going to bet against a biotech company with great science. Therefore, I bless owning the stock but it’s too risky for me.
-On Sarepta Therapeutics
No, don’t sell Match. They just got a very smart investor in there. You’ve got Starboard and there’s been other activist too. I think the Starboard letter is superb.
-On Match Group ($MTCH)
The problem is you are investing in retail. I do not want to be as exposed to retail right now.
-On Toast ($TOST)
I agree with you, Viking is terrific. I’ll put Viking and Carribean at the top of the heap. They are both excellent.
-On Viking Holdings ($VIK)
WEDNESDAY JULY 17
I’ve got to tell you. One of the reasons why is that there are people in the Pentagon that’s been charging too much money. I think this is the best bank for your buck so to speak.
-On Aerovironment ($AVAV)
The rest of the group has been carried up. The stock is down 60%. Losers will be winners. This is a slow one but later will be fast. Times are changing, you might get FWRD get to 28.
-On Forward Air ($FWRD)
I can bless that because it’s not an inexpensive stock and it’s a great company. You’d do fine in that.
-On General Dynamics ($GD)
This stock is under heavy pressure. There’s a big rotation going at it. The rotation has lasted long enough. I think it’s gonna go for a couple more days. Keep your powder dry.
-On Constellation Energy ($CEG)
THURSDAY JULY 18
It does pay good dividend, but the problem is we don’t know exactly what they own. It’s a little too opaque for me, but it’ll do better in lower interest rates.
-On Idexx ($IDXX)
When I see stocks like Nvidia and Broadcom go down huge, I cannot reach for American Superconductor. Not with these super high-quality stocks that are just plain old on sale.
-On American Superconductor ($AMSC)
If I want medical device and all those kinds of properties, I will buy Abott Labs which is down huge and much higher quality.
-On Owens & Minor ($OMI)
FRIDAY JULY 19
No calls.
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