🙃 Inverse Cramer Weekly Update – Oct 14
MONDAY OCT 7
I think it’s fine. You’ve got a 5% yield, it’s a little better than treasuries, it’s a well run company. I’m not going to set the world on fire but it’s fine.
-On VICI Properties ($VICI)
Crown Castle is just okay. It’s not that well run. It’s got a decent yield of 5.6%. I would not chase the stock; I don’t want to be there.
-On Crown Castle ($CCI)
SLB has not gone up nearly as much as I expected given the fact that oil is up. I would buy the stock right here. It is the best of breed.
-On SLB ($SLB)
That is an infrastructure and it’s kicking butt. A lot of people wish they had that stock. You’ve done very well, sir. Tetra Tech is remarkable.
-On Tetra Teck ($TTEK)
It does its job very well. It actually has very good run here. I think I will hold on to it.
-On Pure Storage ($PSTG)
TUESDAY OCT 8
It’s still hanging around at 3% yield. I’m gonna buy some target at this price and wait another 5 points and buy more. I like Target; I like what Cornell is doing.
-On Target ($TGT)
I think SoundHound is a meme stock. It loses money. I’m not gonna go and endorse SoundHound. I am sorry.
-On SoundHound ($SOUN)
This stock seems to go down almost every single day. It’s a really wonderful company with great management. I believe in it. I think at these levels you want to buy the stock of Merck.
-On Merck ($MRK)
WEDNESDAY OCT 9
I like Cava very much. Buy it right here just a couple points from the high. I don’t want you buy it right here, but I do want you to own it.
-On Cava ($CAVA)
I like Reddit very much (Buy, Buy, Buy). You’ve got a great long term model.
-On Reddit ($RDDT)
No, it’s too hard. Just go buy Nvidia…
-On Super Micro Computer ($SMCI)
It just had a very big run. It sells 20x earnings. Many analyst hates it. Wait for another downgrade and buy more.
-On GE Healthcare ($GEHC)
Buying it right here is a very good idea.
-On McCormick ($MKC)
GSK goes higher…
-On GSK ($GSK)
This is a loser. Maybe it can comeback.. I got too enthusiastic about it.
-On Nextracker ($NXT)
I think Accenture is a great buy here.
-On Accenture ($ACN)
I just don’t understand it.
-On Trump Media ($DJT)
THURSDAY OCT 10
I think Old Dominion is going to have a good year. Transport is well under performing the S&P 500, but I do prefer the stock of Union Pacific.
-On Old Dominion ($ODFL)
Micron had an amazing quarter. I still think it’s a buy. Sanjay Mehrota is just fabulous.
-On Micron ($MU)
Howmet is one of the greatest stock of our time. That company is terrific, one of the great performers of S&P this year. I believe it’s going higher.
-On Howmet Aerospace ($HWM)
It’s one of these great metal bending companies that make heat exchangers, original equipments and application. Stuffs that are really boring and we make that stuff great. This is a fantastic American company. I would buy the stock.
-On Modine ($MOD)
This is a really speculative stock. Take out the money that you put in – that’s called the houses money. You take that out, you can let the rest run if you want. I would split it in half because the company doesn’t have any earnings.
-On ADMA Biologics ($ADMA)
They captured the imagination of a lot of younger people, and a lot of older people haven’t been able to do it. So my hat is off them and I say buy the stock.
-On Robinhood Markets ($HOOD)
FRIDAY OCT 11
I’m worried. The balance sheet is not great, and I don’t have any conviction that they are going to get this right.
-On Boeing ($BA)
Palo Alto is sensational, and let me also say I think George Kurtz is doing a great job at CrowdStrike; you’ve got two winners there.
-On Palo Alto Networks ($PANW)
I think that’s a good one. I wish they had a 4% yield. I feel better about it.
-On Fulton Financial ($FULT)
WEEKLY BONUS
CRAMER CLASSICS
That’s a wrap. As always, we’ll be following Cramer’s every move, so you can do the opposite.
See you tomorrow,
-IC