Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite.
Table of Contents
Monday, Apr 15
No show Monday
Out of office pic.twitter.com/C3bXhXHHhS
— Jim Cramer (@jimcramer) April 13, 2024
Tuesday, Apr 16
Another break day on Tuesday!
A quick break before diving head first into it all tomorrow 🎣 pic.twitter.com/slPCXOorKz
— Jim Cramer (@jimcramer) April 16, 2024
Wednesday, Apr 17
We don’t like parabolic moves, my friend, that’s a very good example. I don’t think that parabolic moves end until it gets to $110.
-On Exxon Mobil ($XOM)
If you want to own Marathon Digital, just go buy either Ethereum or Bitcoin. Let’s not fool around.
-On Marathon Digital ($MARA)
When it comes to data centers, I’m inclined to say that no power company is going to make money off it. You better buying Vertiv, that’s the way to do it.
-On Nuscale Power ($SMR)
Thursday, Apr 18
I am not against speculating on Biotechs right now. Looks like there are so many bids, I’m willing to let a stock catch fire.
-On Rhythm Pharmaceuticals ($RYTM)
I like Lam very much. I do think, right now, we’re having a pause on that group in the capital equipment. Let’s wait for that stock go lower and we’ll feel better.
-On Lam Research ($LRCX)
This thing is up so big, and what a great opportunity to sell the stock of a money losing money company.
-On Aspen Aerogels ($ASPN)
Don’t sell McKesson, don’t sell Cencora, I mean these things are unbelievable. These are the middle people. And btw, let’s throw in Cardinal, that’s a threesome.
-McKesson ($MCK)
Work from home? Try work from train station pic.twitter.com/NxCekLZWck
— Jim Cramer (@jimcramer) April 18, 2024
Doors optional https://t.co/Sp7fUBARRB
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 18, 2024
Friday, Apr 19
Honeywell reports next week and in this particular case, people don’t like the technology. This is time for Vimal Kapur to show his stuff, because it’s been maybe one of the worst of the industrials. It’s a good company, I’m surprised, it’s time for him to make a move.
-On Honeywell ($HON)
Right now, technology is in free fall, and that includes companies that are actually doing incredibly well. A company losing money like this, I have to say (Sell Sell Sell).
-On IONQ ($IONQ)
I like Uber here. I think Uber is well below. It’s high. I think you buy some now, and you buy some a little bit lower, and that’ll do it.
-On Uber ($UBER)
Weekend Bonus
“Dad, tell me about pre-covid Chipotle” pic.twitter.com/Se3H6Qt6v5
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 20, 2024
Cramer Classics
Nvidia is -20% since Jim met with $NVDA CEO Jensen Huang last month. LEGEND. pic.twitter.com/55tyQh46FZ
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 20, 2024
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 is sponsored by RAD AI
- Neither the author nor the ALTS 1 Fund has no holdings in any companies mentioned in this issue
- This issue contains affiliate links to TradingView. If you sign up we get a few bucks.