Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
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Table of Contents
Monday Aug 21
They reported a monstrous quarter but it’s not done going higher (Buy, Buy, Buy). I think Gary is doing a super job. We wanna stay long on that one.
-On App. Materials ($AMAT)
Honestly, I think they’re a loser. They’re just doing a terrible job. We don’t need that, there are like 40 in the same space that doing better.
-On Telus International ($TIXT)
I think those guys are just where you should be right now. They’ve been in a funk, but they’re going to come out of this thing. It’s a small-cap stock, they’re going to get good contracts, and they’re going to do very well with all the Federal money.
-On Tutor Perini ($TPC)
Yes, it’s a good buy. They have a monstrous quarter but the stock has barely run. I’m gonna bless buying that stock.
-On Alphabet ($GOOGL)
No, no, no. We like companies that make money. That company is like sending money up smoking in space.
-On Rocket Lab ($RKLB)
I’m nervous about that one. The yield is actually too high and it makes me uncomfortable. Something is not right there.
-On Medical Properties ($MPW)
Tuesday Aug 22
It’s a very inexpensive stock. You should buy it here. I don’t mind having an independent energy company at any time. I have a couple for the trust, I like em.
-On Marathon Oil ($MRO)
What a mess… I have no idea what it is, no idea how it makes its money, it’s totally opaque. I say stay away.
-On Icahn Enterprises ($IEP)
Yeah, it’s a good time to buy Gold. I think Gold is an insurance company, it’s like you ask me if it’s a good time to buy an insurance company. I always want to own some Gold. Barrick Gold is a good company, but it’s not the best lately. It hasn’t run as well as it used to be. The merger has not been great.
-On Barrick Gold ($GOLD)
Like clockwork😂 pic.twitter.com/A5lQfJijmS
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) August 22, 2023
Wednesday Aug 23
This reminds me a bit too much of Pacific Gas and Electric. You’ve got to be very careful here. I don’t want to play it for the bounce. It’s way too risky.
-On Hawaiian Electric ($HE)
That stock is horrendous.
-On AT&T ($T)
We love that company. This is like the third time we had that call. I like it (Buy, Buy, Buy, Buy, Buy…)
-On RadNet ($RDNT)
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) August 23, 2023
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Thursday Aug 24
I’d rather see you in Nvidia. By the way, You own Nvidia, you do not trade it.
-On Super Micro Comp ($SMCI)
That’s a very tough one. They did not have a good quarter. When they don’t have a good quarter, there’s no stopping, and they’re on the move. I say re-circle the wagon and buy GE Health Care, which is much cheaper. Every time it goes down a dollar and a half, the charitable trust wants to buy it because it’s that inexpensive.
-On Zimmer Holdings ($ZBH)
It’s good, and they’re done really well. But I’ve got to tell you I like this new gang that runs Southern, with a 4% yield. I think that’s the way to go.
-On NRG Energy ($NRG)
They’re good company, but when we talk Insurance, we talk Chubb. Evan Greenberg knows insurance better than anyone in America.
-On Old Republic ($ORI)
Self-driving has hit a snag. I’m not going to recommend a self-driving-related Semi company. Just not here right now.
-On Indie Semiconductor ($INDI)
Fear among the nvidia holders is incredible… I wonder if the sellers know what an Nvidia is
— Jim Cramer (@jimcramer) August 24, 2023
Friday Aug 25
No show
Cramer Classic
If Jim says not to sell, you sell
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) August 23, 2023
Everyone knows this pic.twitter.com/1VundFadhs
A week ago Jim labeled VinFast "dead on arrival"
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) August 22, 2023
Today it skyrocketed 108%
Is the best business plan having Jim go bearish on your company? pic.twitter.com/273lalhbCR
Weekend Bonus
HAHAHAHAHAHAHAHAHA pic.twitter.com/Y6Kd39sM7E
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) August 21, 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 our friends at Climatize
- Our ALTS 1 Fund has no holdings in any companies mentioned in this issue
- I am long $GOOGL
- This issue contains affiliate links to TradingView. If you click and sign up we get a few bucks.