Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
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This week Cramer had an epic call on Boeing.
In a totally unprompted tweet, JC excitedly said the company was “really incredible.”
Less than 2 hours later, Boeing announced they were halting deliveries of the 737 Max due to production issues.
The stock fell 6.7% after-hours, and is still down.
Right on the money buddy!
Table of Contents
Monday Apr 10
It’s such a winner. I was talking to my stepdaughter last night at dinner, we were both saying, “Is there anything better than this darn elf?” They knock off everybody, I really like the stock even up here, I think it continues to be a strong candidate for being a consumer packaged goods company. – On Elf Beauty $ELF
I can’t recommend stocks that are losing money, it’s just too dangerous.* – On Rocket Lab ($RKLB)
*Editor’s note: This is patently false, he does this all the time.
Tuesday Apr 11
While the multiple is low, it’s not low enough. I’d rather be in a bank than those guys. – On RE/MAX ($RMAX)
I want to be very polite about it. I think it’s kind of a bluff artist, it’s not my cup of tea. You want cyber security you go to Palo Alto Networks. – On Palantir ($PLTR)
Look, most of you want answers. You don't want free passes for stocks cut in half of banks not regulated.. you know you would lose your job. No protection for failure. No free passes here
— Jim Cramer (@jimcramer) April 13, 2023
Wednesday Apr 12
I like it very much. Let’s just say “BUY BUY BUY” – On Stellantis ($STLA)
I’ve been against this stock for so long it’s painful. I think at $5 you can roll the dice, but it is a dice roll. – On GoodRx ($GDRX)
LEGEND pic.twitter.com/6cjVUiWQZh
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 14, 2023
I got to say, your ability to pick awful companies literally never fails!
— Andrew Follett (@AndrewCFollett) April 13, 2023
So glad I've invested in the Inverse Cramer Tracker pic.twitter.com/rEJhneZpxK
Thursday Apr 13
I think they’re great, but they have to figure out the pilfering situation. People are taking their stuff and putting it online, and it isn’t their stuff. – On Home Depot ($HD)
I’m going to free you of them. Once you’re free of that chain you might be able to come up with some better ideas. – On Newell ($NWL)
Jeez–these big banks were HUGE winners from this mini-crisis
— Jim Cramer (@jimcramer) April 14, 2023
Friday Apr 14
Get the heck outta that bumblebee. That stock is a bad stock, it’s going lower. – On Lucid Group ($LCD)
I don’t endorse SPACs, but I’m gonna bless this one. – On Getty Images ($GETY)
When @elonmusk wants to dominate AI who does he go to?According to the FT: NVIDIA!!!!!!!
— Jim Cramer (@jimcramer) April 14, 2023
Cramer Classic
One of his all time best IMO
Bitcoin nearly +50% since Jim said he’d sell a month ago. Legend. pic.twitter.com/QAn3cjq0w0
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 11, 2023
Weekend Bonus
This should put Buffett over the edge
Buffett $1T net worth confirmed pic.twitter.com/yzoNTjOULB
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 14, 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.
-IC
Disclosures
- This issue was sponsored by Tuttle Capital and Future Cardia
- I am long $DIS
- We have no ALTS 1 investments in any companies mentioned in this issue