🙃 Inverse Cramer Weekly Update – Aug 31
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MONDAY AUG 25
Robinhood’s had an extraordinary move. Let it come down, but don’t forget it’s an up stock.
-On Robinhood ($HOOD)
(Buy, Buy, Buy) It is the great industrial energy infrastructure stock that I wish I owned for the CNBC Investing Club Charitable Trust.
-On Powell Industries ($POWL)
I think Apollo’s a cheap stock. This company is a very very smart company. I am a believer.
-On Apollo Global Management ($APO)
I think it’s a very expensive stock. It’s fine as a spec.
-On Ouster ($OUST)
TUESDAY AUG 26
The stock’s too low. You’ve got to do some buying (Buy, Buy, Buy).
-On Carrier Global ($CARR)
Every time you get a good headline the stock goes up. There’s more good headlines ahead. Buy Oklo (Buy, Buy, Buy).
-On Oklo ($OKLO)
That’s a pure spec stock. It’s company that don’t make any money at all. If you like it, accept the risk. But otherwise, no go from me.
-On Kodiak Sciences ($KOD)
I’m not positive on oil right now. We’re just not going to go there. They’re on the wrong side of the trade.
-On Texas Pacific Land ($UNCH)
WEDNESDAY AUG 27
I feel like an idiot for telling people not to buy it. I’m upset that I missed it.
-Astera Labs ($ALAB)
This is a meme stock. I’m not going to jump in a situation where it’s heavily manipulated, I’m not going to jump on that train.
-On Opendoor Technologies ($OPEN)
Rigetti could have something that could be a home run, I don’t want to keep you out of it. But it is a speculation, please remember that.
-On Rigetti Computing ($RGTI)
THURSDAY AUG 28
This is an amazing company. It is highly valued right now. It’s in the high-30s multiple, I can’t say chase the stock. If I owned it, I guess I’d hold it.
-On Amphenol ($APH)
It’s a good company. It’s less valued, cheaper than Amphenol. I would hold on to the stock. I can’t push it right here because it’s had such a move.
-On EMCOR Group ($EME)
It’s gaming and it’s doing pretty well. I got to send you to DraftKings because it’s a cheaper stock.
-On Rush Street Interactive ($RSI)
FRIDAY AUG 29
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