🙃 Inverse Cramer Weekly Update – Mar 2
MONDAY FEB 24
Everyone decided that it doesn’t work anymore. I’m not going to sell it, that’s crazy, people hate it. Let’s just wait, don’t bite. Not yet.
-On E.L.F Beauty ($ELF)
I want you to take some profit (Sell, Sell, Sell). I’m going to ask you to ring the register.
-On Pagaya Technologies ($PGY)
Yes, ET is smart (Buy, Buy, Buy). You buy it by the percentage yields. You buy some at 7% yield, you buy some at 8%, you buy some at 9%, that’s how you buy these stocks.
-On Energy Transfer ($ET)
New Fortress Energy is a company we profiled as being not a great company. We’re going to say it’s not a great company. It’s on the archives, you can’t do anything about it, it’s a bad one.
-On New Fortress Energy ($NFE)
TUESDAY FEB 25
Wendy’s, no. You’re going to sell Wendy’s tomorrow and you’re going to buy Texas Roadhouse. They are a good one.
-On Wendy’s Company ($WEN)
Double down on it (Buy, Buy, Buy).
-On Enterprise Products ($EPD)
If tomorrow Nvidia pulls the rug and says things aren’t that good, then Vertiv goes down 10% and that’s when we buy it.
-On Vertiv Holdings ($VRT)
You’re in the one for the long term good. I’m not going to tell you to sell it down here. Can’t tell you to buy it, though.
-On Uranium Energy ($UEC)
WEDNESDAY FEB 26
I think you got to wait to see the quarter. I know you’re going to have to wait until the end of April, but I want you to do that before you pull the trigger.
-On Martin Marietta Materials ($MLM)
That is a very risky stock. Because of your age and how you feel about it, I’m going to green light you, but only for someone your age.
-On Serve Robotics ($SERV)
I think it’s a terrific situation, I would just hold on to it.
-On Badger Meter ($BMI)
I don’t like the auto market, and while I still appreciate Rivian’s balance sheet, they need so much more money, ultimately to become a big company, so I cannot go there.
-On Rivian Automotive ($RIVN)
THURSDAY FEB 27
It’s common on its own in a way that I can’t believe it, and everyone’s piled into it because of the fact that we got that downturn. You’re going to get a chance to buy it. I would probably pull the trigger at I’d say $80.
-On Celestic ($CLS)
You’re on to something, I like your thinking. We got Chris Gormon on, seems like a terrific guy.
-On KeyCorp ($KEY)
Stock is very high, stock is very expensive, but they’re good.
-On Interactive Brokers ($IBKR)
I don’t want to be part of it, end of the story.
-On Nebius Group ($NBIS)
It’s going to be 2033 before we see anything new in nuclear, that is just too far for me.
-On BWX Technologies ($BWXT)
FRIDAY FEB 28
No show. 🙃
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