Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
Table of Contents
Monday, Dec 11
No show on Monday
Tuesday, Dec 12
This stock is mispriced. If you think what has to happen when you gonna get Alzheimer’s drugs, you gonna need an MRI. GE Healthcare is gonna be the way you can get it. That’s an unbelievable business. I think you have to own that stock.
-On GE Healthcare ($GEHC)
I think it’s going down because oil is going down. If oil bottoms, I think you have a win. But why buy a stock that is levered to something we have no control over?
-On First Solar ($FSLR)
It had a very good quarter. I think it’s profit-taking. I think their drone business is terrific. Mr. Nawadi is doing a terrific job. I’ll be a buyer of the stock.
-On Aerovironment ($AVAV)
Whole system is corrupt. WTF is Big Brother up to now https://t.co/AJUBXTnBnp
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 12, 2023
Wednesday, Dec 13
I think you’re a little late to that party. It just had a gigantic spring up to 81. Why don’t we do this? Wait for a pullback, I think it moved too much.
-On Cloudfare ($NET)
American Airlines is just doing okay. I favor Delta right now.
-On American Airlines ($AAL)
If you're not rich don't stress, you just haven't been elected to Congress yet
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 13, 2023
Nancy Pelosi Annual salary: $223K
Net worth: $202M
Mitch McConnell Annual salary: $200K
Net worth: $95M
Chuck Schumer Annual salary: $210K
Net worth: $75M
Elizabeth Warren Annual salary: $193K
Net…
Thursday, Dec 14
I feel awful that I didn’t pull the trigger on this two days ago. This is going to be like Stanley Black & Decker, one of the two best ways to be able to play the change of the fed. That’s why it’s up $8, and it’s probably going to continue to go higher.
-On Whirlpool ($WHR)
Carnival is my least favorite. I like Royal and then Norwegian.
-On Carnival Corp ($CCL)
I think Arvind Krishna is making a real turn. They’re finally figuring out how to use red hat the right way. I think the stock is inexpensive. I hope I don’t regret this but it’s actually a pretty good stock here. I wish I had pounced on it on my trust at $145.
-On IBM ($IBM)
DraftKings had a very very big move. $36 represents a lot of value still. But I like to come in more because we like it much much lower.
-On DraftKings ($DKNG)
Friday, Dec 15
We are not recommending Chinese stocks. It would be fun to recommend it because it’s so low, but I’m not gonna get caught.
-On Alibaba ($BABA)
Rivian is up a lot. I want you to take half off and let the rest run.
-On Rivian Automotive ($RIVN)
This stock just keeps on going up and up and up. That’s not a reason to recommend a stock. I’ve got to tell you though, the last quarter is actually preetty darn good.
-On Roblox ($RBLX)
Energy Transfer is doing well (Buy, Buy, Buy). I’m against it for a while because they took too much debt, but I’ve got to tell you, it’s a winner.
-On Energy Transfer ($ETN)
This might be the most bearish thing I've ever seen. pic.twitter.com/WOxYUXMVGr
— Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 15, 2023
Cramer Classic
Carvana is now nearly +1,000% since Jim Cramer said it wasn't a buy one year ago
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 14, 2023
Legend pic.twitter.com/AYmlZ3431k
Weekend Bonus
Translation: We're introducing a bill with a 0% chance of passing to act like we're working hard https://t.co/UhyY0tCush
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 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 our friends at Solenic and Stocks & Income
- The ALTS 1 Fund has any holdings in any companies mentioned in this issue
- I am long Cloudflare ($NET)
- This issue contains affiliate links to TradingView. If you sign up we get a few bucks.