Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
Last week we highlighted Cramer’s tweet that “Boeing’s really incredible.” 2 hours later, Boeing announced they were halting deliveries of the 737 Max due to production issues, and the stock fell. Legendary.
Yet on Monday, when a caller asked him about it, Cramer went bearish, saying “You have to stay away from Boeing.” (?!!) 🤬
It’s like he’s fighting against himself. Makes me want to watch this Dustin Hoffman classic:
Table of Contents
Monday Apr 17
We don’t know how long this recent screwup is going to be. I think the FAA is going to really hang them. You have to stay away from Boeing for now! – On Boeing ($BA)
The hypocrisy continues to astound us.
It’s number one in sports apparel in the world. I like Nike very much – On Nike ($NKE)
Jim: “no doubt this bull run will continue” pic.twitter.com/I6xG0qgnmx— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 17, 2023
…By the way, over the weekend I spotted a real-life Ben Affleck Smoking meme. Check this out:
I just found a real-life Ben Affleck Smoking meme pic.twitter.com/RTND002Hy6— 🇦🇺 Stefan von Imhof (@stefanvonimhof) April 22, 2023
Tuesday Apr 18
Number 1 is Chipotle. Number 2 is McDonald’s. Number 3 is Wingstop, Number 4 is Yum. And number 5 is Jack. That’s how I rank them. – On Jack in the Box ($JACK)
Wednesday Apr 19
He’s finally hit his stride, and the thing is working. It was bumpy, but that’s no longer the case. – On Novartis ($NVS)
As Investing Club members know, i thought Wells Fargo reported a remarkable quarter and is buying the heck out of its stock. I think most of the regulatory issues are behind them— Jim Cramer (@jimcramer) April 18, 2023
…yes watch out for those with an “alterer” motive
Thursday Apr 20
I’m worried about the commercial real estate segment – On Corporate Office ($OFC)
I don’t blame him tbh.
Stocks don’t get to be $3.00 because they’re going up. Gonna take a pass on that one. – On Uniti Group ($UNIT)
One day later:
you interested in a $3 stock that i like very much and i never recommend $3 stocks? Watch tonight..— Jim Cramer (@jimcramer) April 20, 2023
Happy 4/20 btw pic.twitter.com/9qNHhetTcw— Not Jim Cramer (@cramercoin) April 20, 2023
Friday Apr 21
That’s not a gamble at all, that’s one of the most well-run REITs there is. – On VICI Properties ($VICI)
I’m looking to buy more if it goes below $10. believe in them even though Elon Musk is definitely after him, to try and be like Henry Ford was. – On Ford ($F)
Jeff Green is a genius. I think it will continue to go higher, but they’re up against Alphabet. – On The Trade Desk ($TTD)
If you want to own bitcoin, own bitcoin. Not Microstrategy. And I’m not recommending bitcoin right here. – On Micro Strategy ($MSTR)
JC doesn’t know how to play crypto after telling everyone to sell at the bottom .
Ah yes, the good ol’ days of crypto wash trading:
Never forget pic.twitter.com/ULPPiZrQT8— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 21, 2023
Buying a rock guarantees this:
It’s over pic.twitter.com/iu3wQu0ciA— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 18, 2023
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
Enjoy the week ahead.