🙃 Inverse Cramer Weekly Update – Nov 24
MONDAY NOV 18
It’s a buy. Plain out and simple. Enough is enough on the selling.
-On Eli Lilly ($LLY)
Coinbase is what I call an upstock. These stocks have buyers every time they pull back, and they probably will be year-end. Coinbase is a winner.
-On Coinbase ($COIN)
This is just a fantastic stock (Buy, Buy, Buy).
-Integrated Electrical ($IESC)
I do prefer Texas Intruments to that one.
-On Semtech ($SMTC)
I like Marvell (Buy, Buy, Buy).
-On Marvell Technology ($MRVL)
Own it, don’t trade it. I would wait for a dip because the bears are all over it every minute of the day. Keep that in mind, and then pull the trigger.
-On Apple ($AAPL)
TUESDAY NOV 19
I don’t know how you can make a lot of money in that business frankly. I just don’t know how you can make the money.
-On Transmedics Group ($TMDX)
I don’t want you to buy it all at once.
-On Amphenol ($APH)
I like Devon but Corterra is far more superior.
-On Devon Energy ($DVN)
WEDNESDAY NOV 20
It’s kind of an opposite of Nvidia but it makes no money. That said, I I know a hot stock when I see it. I’m not going to fight the speculation for space. I’m not going to bless it, but I’m not going fight it.
-On Intuitive Machines ($LUNR)
It just become too darn hard. I do think it goes lower.
-On PepsiCo ($PEP)
Corterra is the way I like to do this thing. They are not climate deniers.
-On Occidental ($OXY)
It’s fine. It’s not exciting, it’s not boring, it’s just fine.
-On Globe Life ($GL)
THURSDAY NOV 21
Second-rater, frankly. I want to go with the best of breed, and the best of breed is John Deere.
-On CNH Industrial ($CNH)
It’s one of the stocks people buy because they love the name and the business. It’s not a bad business, but it is up 300%. It’s a moth to a flame, but I don’t know how close it is to the flame.
-On Rocket Lab ($RKLB)
It’s a Bitcoin play. I prefer actually to own Bitcoin. Own Bitcoin, that’s a winner.
-On MicroStrategy ($MSTR)
FRIDAY NOV 22
It is a very well-run company. I’m blessing it with a buy.
-On BHP Group ($BHP)
Diamondback is acutally very very good if you like the oils.
-On Diamondback Energy ($FANG)
If it gets to $6, I want you to sell it. End of story.
-On AMC Entertainment ($AMC)
I’m actually going to bless this. I’m going to bless it but only for a 20 or 30-year trade.
-On Joby Aviation ($JOBY)
It is a remarkable company. They sell salvage vehicles and that’s what’s needed. It just had a parabolic move, I can’t recommend it. I need to see a pullback.
-On Copart ($CPRT)
WEEKEND 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