🙃 Inverse Cramer Weekly Update – Oct 6
MONDAY SEP 30
I like Home Depot but I’d rather double down on Cracker Barrel. Julie Masino is doing a good job. Please do not sell Cracker Barrel.
-On Cracker Barrel ($CBRL)
Everybody wants to be in the space business, but I don’t. Just go with Tesla; it’s an Elon Musk game, and he owns this market. I don’t want to go against him.
-On Redwire ($RDW)
You’ve got to hold Cava. If it comes down, I want you to be able to buy more (Buy, Buy, Buy). It’‘s one of the great new concepts we’ve seen in this market.
-On Cava Group ($CAVA)
This stock acts poorly. The stock acts as if it’s gonna have a short pull. Until next quarter, I do not want to trust Nextracker because it’s one of the most poorly acting stocks on good and bad days. I find it incredibly disturbing.
-On Nextracker ($NXT)
Buy, buy, buy. These guys execute like you wouldn’t believe. I wish I bought that for the trust instead of Nextracker. What a stock.
-On SharkNinja ($SN)
TUESDAY OCT 1
That company loses a lot of money. We got GE Vernova. If nuclear energies are to comeback, they do small form nuclear reactors, and that’s gonna be the place to be.
-On NANO Nuclear Energy ($NNE)
It’s time to buy it. They’re not just a middleman; they do a lot of good things, and I think this stock just had a way too big a hit; it’s now selling at a below-market multiple. Don’t buy it at once-do it the pyramid style.
-On McKesson ($MCK)
Diamondback is a little too much oil for me. We bought Corterra – that’s the old oil and gas. We think that’s better. We bought it for the club today.
-On Diamondback Energy ($FANG)
I think it’s a value trap. It’s been there for forever. I can’t put you in that one. We gonna get something with a little bit of growth.
-On Archer-Daniels-Midland ($ADM)
WEDNESDAY OCT 2
Ever since Susan Salka left, the party has been over. She had control over these things, and I don’t think the company is doing well.
-On AMN Healthcare ($AMN)
If you can’t price the product, get out of business. That’s the way I feel.
-On Humana ($HUM)
Hold on to it. It’s a good story.
-On SiTime ($SITM)
THURSDAY OCT 3
No-show
FRIDAY OCT 4
That stock is too hot for me. I would prefer to be in RTX. I think it’s a better buy. I understand it’s a momentum stock, people are going to play it, but it’s too expensive for me.
-On FTAI Aviation ($FTAI)
Too me it’s too hot. I have to be mindful of stocks that are just up straight. I get worried about them.
-On AST SpaceMobile ($ASTS)
Shopify is at great level to buy. The stock should be purchase here.
-On Shopify ($SHOP)
Right now this restaurant group is very weird, I’m worried about First Watch as being a competitive outfit. The multiple is way too high. I’m gonna say no to that one.
-On First Watch Restaurant ($FWRG)
I think Figs is not expensive, and a very good spec.
-On Figs ($FIGS)
WEEKLY 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