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 Jul 10
High-speed chip interface is finally making its comeback. It does make money, so I’m gonna endorse it, but I don’t know how long it’s taking to go where it’s going.
-On Rambus ($RMBS)
That was a great quarter. I remain a buyer (BUY, BUY, BUY). The CFO has been skeptical of my own intentions lately, but I like the stock.
-On Palantir ($PLTR)
I like that company for 30 years. I like the metal recycling business, I think it’s terrific.
-On Commercial Metals ($CMC)
Tuesday Jul 11
I looked at this the other day and it yields 7.8%. It’s too high. It’s what I call a red flag, so I can’t touch it.
-On Jackson Financial ($JXN)
Oh no, hard pass (SELL, SELL, SELL). There’s nothing there.
-On Quantumscape ($QS)
Wednesday Jul 12
What a tough business. My dad sold craft paper for a living. I gotta tell you, I see and feel the pain of the people with IP, because they do a great job. But I decided that I can’t recommend that stock, because I couldn’t take it when my father would come home at night and say, ‘I didn’t sell a lot of paper today’.
-On International Paper ($IP)
Believe it or not, it’s still not expensive right here. So what you do is you put on some here, then you wait 5 points down and you put a little more on. You buy down and scale. I don’t want you to buy it all at once, because the stock has had too big a move.
-On Clean Harbors ($CLH)
Yep, it’s very solid. It ain’t got no flies. I’m okay with it.
-On Duke Energy ($DUK)
It’s very difficult for me. I don’t know them exactly but I know their reputation is absolutely terrific. The yield is big, but I don’t know what they own, so I’m not able to say BUY BUY BUY.
-On Ares Capital ($ARCC)
I think it’s a decent company, but you know what I say, ‘If you’re in the eastern side where all the people are really smart, you’d be buying Adobe’. Get that straight.
-On Fiverr ($FVRR)
Thursday Jul 13
Yeah, you know 3% yield, stable group, not working, very hard gains, Pass. I say, ‘No way’.
-On Fresh Del Monte ($FDP)
I do not know STRL, two in a row here. Man, I gotta tell you, ‘It’s pathetic and embarrassing’. Two stocks that I don’t know, I feel like a real chump.
-On Sterling Infrastructure ($STRL)
Someone should have bought this stock when it was $4. It is such a good company. They’re the best in the show, no one bought it. Now it’s on its own, and it’s a good one.
-On Datadog ($DDOG)
Friday Jul 14
No show, for no particular reason 🤷
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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 Hoken
- Our ALTS 1 Fund has no holdings in any companies mentioned in this issue
- I have no holdings in any companies mentioned in this issue
- I will probably try to flip a hotel room on Hoken. It looks interesting.
