Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
Table of Contents
Monday, Dec 18
It had such a big run. You’ve got to take some off the table.
-On Snap ($SNAP)
It’s at a 52-week high. I think we ought to wait for a little bit of dip. I’m trying to keep up with it, but it’s really starting to get to me. Let’s wait a couple of points down and then we’ll feel better.
-On Salesforce ($CRM)
Yea, you should hang on. It still has a 4.8% yield now. What’s amazing is, it got upgraded today, and yet it is still up 3% a year. I think you have a keeper. I was surprised about the upgrade.
-On Prudential ($PRU)
We think that they do great stuff. We have them on. They do a lot of good monitoring. Again a monitoring company with a $18B market cap. I think you could say, it’s a candidate to be acquired if it doest keep getting higher.
-On Samsara ($IOT)
🚨40% of borrowers AKA 8.8 million people missed their student loan payments last month! pic.twitter.com/l3J5Pwa8WS
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 17, 2023
Tuesday, Dec 19
I think you ought to ring the register. I don’t trust this FTC. I think they want to buy the deal. They want to show some gumption, and I don’t want you to get hurt by their gumption.
-On Albertsons ($ACI)
I think it goes much higher. I think it’s a really good stock. 2024 is their year.
-On Danaher ($DHR)
I will take profit at least in half. It’s been a great move for you. Let’s not give this all back.
-On DocuSign ($DOCU)
FTX's legal fees have now surpassed the amount owed back to customers…
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 19, 2023
What a broken system
Cramerwifhat 🥴😂 pic.twitter.com/x96kKYCDCk
— Not Jim Cramer (@cramercoin) December 20, 2023
Wednesday, Dec 20
RadNet is terrific, but I’m against parabolic moves. You’ve got to wait to come down before pulling the trigger.
-On RadNet ($RDNT)
This thing has just exploded. I’m glad you did buy it. Again, it has a parabolic move, which means you’ve to sell half of the company and then hope that it comes in. You’ve got to sell half because it just moved up way too high too fast.
-On Rocket Companies ($RKT)
I like Pinterest but it was at $25 three months ago and now at $37. Too high, ring the register, and let it come in a little, that’s the only way to play this one.
-On Pinterest ($PINS)
It just had a big run. I like Lam back then. Now it’s at $754, and I’ve got to tell you, I’m reluctant to recommend the stock up here when the stock is up 80% for the year. We’re going to take profits, we’re not gonna buy.
-On Lam Research ($LRCX)
Cramer running into a CEO after recommending their stock and it’s -93% since pic.twitter.com/QXpZyHOctP
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 21, 2023
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 20, 2023
Thursday, Dec 21
You’ve correctly identified the biggest problem. People don’t know which one it is (bank or fintech). I say it’s a company run by Anthony Noto, that is bringing in the people and depositors in doing a great job by offering a terrific service.
-On SoFi Technologies ($SOFI)
You’ve got this Toby Rice, he finds oil and gas where it should be. I think it’s an terrific company. EQT is a real winner.
-On EQT ($EQT)
Micron BOTTOM!
— Jim Cramer (@jimcramer) December 21, 2023
I want to make it clear unless you have watched anything i have said, I am deeply troubled by parabolic moves, ones that are straight up, they are the kind of unsustainable moves that beckon sales before sell-offs
— Jim Cramer (@jimcramer) December 21, 2023
Friday, Dec 22
No show Friday
Weekend Bonus
Prepare yourself pic.twitter.com/qrKjbMdZ2D
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) December 24, 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 Tuttle Capital
- The ALTS 1 Fund has no holdings in any companies mentioned in this issue
- I am long $CRM and $SOFI
- This issue contains affiliate links to TradingView. If you sign up we get a few bucks.