🙃 Inverse Cramer Aug 1
THURSDAY AUG 1
Jeff and I literally discuss pulling the trigger today and buy Wells Fargo. It’s down way too much. Wells should be bought right here.
-On Wells Fargo ($WFC)
Here’s what I would do. Tomorrow morning take out your cost basis and let the rest run. That way you’ll never give back anything. That’s the way to play it.
-On AST SpaceMobile ($ASTS)
There is a lot of political risks. I’m not going to overlook these risks, but I can tell you that they are a great company. I think that when all the smokes clears that Nvidia will have a lower price earnings multiple and you should buy Nvidia instead of Semi.
-On Taiwan Semi ($TSM)
It’s a very very good company-management solutions. I have never pulled the trigger and that was my bad. They are a really good company with a stellar reputation.
-On Tyler Technologies ($TYL)
When we see parabolic moves, we cut our position in half, we let the rest run. That’s what you will do tomorrow morning.
-On Lumen Technologies ($LUMN)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC