Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite.
Table of Contents
Monday, Jan 8
It’s a Brazilian stock that I actually like. I think you’ve got a winner, and it’s on fire.
-On Nu Holdings ($NU)
I like your thinking. I like your conceptual analysis of Visa. Good stock.
-On Visa ($V)
Sell, sell, sell. It’s not making money. In this market they gotta make money. Let’s just exit on Navitas.
-On Navitas Semiconductor ($NVTS)
What are we doing with this. Let’s stop fooling around. You want Bitcoin, buy Bitcoin. I think Bitcoin is topping out by the way. So, I’m gonna say enough is enough.
-On Riot Platforms ($RIOT)
🚨BREAKING: Jim Cramer says “Bitcoin $BTC is topping out here” pic.twitter.com/eYzTLwaaYK
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 9, 2024
Tuesday, Jan 9
I like Topggolf. I have not been the call though. It’s an interesting call. I think $14 is a buyer.
-Topgolf ($MODG)
I would hold unto to it. I don’t have a catalyst to buy right now. But it’s very very low, and what you said about China is true.
-On MP Materials ($MP)
The SEC just caused nearly $1,000,000,000 in total losses by falsely announcing the Bitcoin ETF approval
— Insider Tracker (@TrackInsiders_) January 9, 2024
Thanks for "protecting small investors!" pic.twitter.com/F286CV0nZa
Wednesday, Jan 10
I’ve got to tell you frankly. Let’s take a pass on that one. Because the greatest inventor of our time, Elon Musk, does not like lithium companies, his trying to figure out a way to be less dependent on them. I’m not gonna go against Musk, I’ve learned that much in my life.
-On Lithium Americas ($LAAC)
It’s an oil company, and right now oil is in a glut. We can’t own a commodity stock where the commodity is in a glut.
-On Devon Energy ($DVN)
I like real AI. I like AI that can make a company make money, not AI for a press release, and they use it for the supply chain. I really like that.
-On Symbiotic ($SYM)
Thursday, Jan 11
Yeah, it’s a waste of time. It’s like a balance sheet from hell. We like good balance sheets, don’t like bad balance sheets. That got a bad one.
-On Paramount Global ($PARA)
Yes, it’s a good spec, and I’m reiterating UEC (Buy, Buy, Buy), why? Because I want a pure-play uranium company that’s not losing money hand over fist and bleeding from the eyeballs.
-On Uranium Energy ($UEC)
I think it’s a great diversified way to own gold now. I personally like Barrick Gold, but I think you’ll gonna do fine with that. And yes, I’ll reveal that I like Gold bullion. I really do.
-On Franco-Nevada ($FNV)
People said they had a bad presentation. I have been a little let down by the Bros. They gotta stop opening stores and catch their darn breath! There I said it.
-On Dutch Bros ($BROS)
I love when politicians get community noted pic.twitter.com/5hbnJth4wA
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 12, 2024
Friday, Jan 12
I’m not playing that game. I say no to China.
-On Alibaba ($BABA)
Life is too short to recommend a tobacco stock.
-On Altria ($MO)
Here’s the problem. The stock has a gigantic short position. Every time it goes down, the street pulls it up, and more people come in to buy. The actual quarter will probably end up pretty good, but you don’t get that until 2nd week of February. It’s a sucker’s game to short this stock.
-On Affirm Holdings ($AFRM)
You and I are both bummed out of Confluent. The company is not making any money. Their last quarter was miserable.
-On Confluent ($CFLT)
Jim Cramer just called for "a major top in Bitcoin"
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 12, 2024
All systems go pic.twitter.com/zb4RUUe6OL
Cramer Classic
https://t.co/tD0KSaPJGJ pic.twitter.com/1x1sb2cqg7
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 10, 2024
Weekend Bonus
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) January 10, 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 was sponsored by our friends at QAI
- The ALTS 1 Fund has no holdings in any companies mentioned in this issue
- I am long Visa and TopGolf