🙃 Inverse Cramer Jan 26
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MONDAY JAN 26
They are fewer demands for towers, It’s slowing down. I think that stock is no longer as investable as one time.
-On American Tower ($AMT)
It trades as one of the highest trade multiples on the market. I’m not recommending stocks that has price multiple that is that high.
-On AppLovin ($APP)
It’s doing well. It’s not an expensive stock. I’m not going against them.
-On MPLX ($MPLX)
It sounds like extremly high price multiples. I’m staying away from those stocks because I am concerned that we could have higher interest rates and this stocks will trade down no matter what happens.
-On PureStorage ($PSTG)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC