🙃Inverse Cramer Weekly Update – Aug 11
MONDAY AUG 5
I think they have long term staying power, short term they have cash flow problems. Let’s wait until it’s clarified yet, so let’s be careful.
-On Boeing ($BA)
There are two markets, data centers – people think they are slowing. EVs – they are definitely slowing. A lot of people feel coppers are in supercycle, I think they are wrong. I won’t touch this stock until it breaks through $38.
-On Freeport-McMoRan ($FCX)
I’m troubled by Delta even though it sells 6x of its earnings. I will take a real pass on Delta and look for other airlines if I have to.
-On Delta Air Lines ($DAL)
I’m not your guy for Philip Morris. I don’t recommend tobacco stocks; I never have, and I never will.
-On Philip Morris ($PM)
TUESDAY AUG 6
I want to own the stock of MSCI. They are having a good quarter and a good year. I really like the fact that the company is the only single source of how should we value different industries around the world.
-On MSCI ($MSCI)
I happen to know the T-mobile is a buy. Let’s leave it at that. It’s terrific company. If it comes in I would buy more.
-On US Cellular ($USM)
You want to hold on to that. It’s one great company (Buy, Buy, Buy). I want you to own it.
-On RPM ($RPM)
I heavily suggested that you buy (Buy, Buy, Buy) much more DuPont. I’m having a $100 dollar target for this club name. They are splitting it in three companies and I think they are worth dramatically more together. I want you to buy buy double D.
-On DuPont ($DD)
WEDNESDAY AUG 7
The problem with Dollar Tree is that people already have discovered that the small form is no longer working. They rather go to Walmart which is a buy, or Costco if they can afford the membership fee, which they should be because it pays back quickly.
-On Dollar Tree ($DLTR)
Oneok is terrific. I think you should buy more. It’s a sensational company.
-On Oneok ($OKE)
Crispr I have a sweet spot for. I don’t think that it is as dangerous as others think because they do have some explosive technology. I would be a buyer of Crispr.
-On Crispr Therapeutics ($CRSP)
Yes, definitely keep KEY. KEY is very strong. A terrific bank. They are fabulous.
-On KeyBank ($KEY)
THURSDAY AUG 8
I don’t like Teladoc. What’s going on right now is Cathy Woods sells the stock almost everyday. She bought it much higher, it’s really painful to watch.
-On Teladoc Health ($TDOC)
It’s a little dicey because it’s an untraditional lending. I’m a traditionalist. I say go with the stock that collapse over the last week – go with Wells Fargo.
-On Enova International ($ENVA)
They did have a decent quarter. I’m not impressed with my own stock picking. I could have bought GE Vernova or GE Aerospace, it could have been better. I bought the worst of the three, and I’m not proud of myself on this.
-On GE Healthcare ($GEHC)
You should not hold on to Merck. You should buy Merck (Buy, Buy, Buy). I have tremendous faith on what Robert Davis is doing.
-On Merck ($MRK)
Power management data center stock is one of the biggest of all gainers today. I’m going to have to say no. The day to buy it was yesterday.
-On Monolithic Power ($MPWR)
FRIDAY AUG 9
No calls.
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