🙃 Inverse Cramer Jan 24
FRIDAY JAN 24
It’s a very good company, and it did come up from the ashes. As a matter of fact, it’s come up so much, it’s up 28% for the year, so I cannot sanction buying it.
-On Tetra Technologies ($TTI)
I can’t recommend anything on a straight line. But if it pulls back a couple bucks, though, it’s good, because this should be one of the great pharma stories because it’s got the best growth in device and pharmaceuticals. I think it’s great-Abbot is a great company.
-On Abbott Labs ($ABT)
I’m worried about Wendy’s. That should not have a 7% yield. That to me says something may be wrong here…They have not demonstrated that they can pull it off in a very competitive world.
-On Wendy’s ($WEN)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC