Welcome to Inverse Cramer by Alts.co: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃
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Monday June 5
It’s a very good stock. I wish it pulls back a little bit.
-On Taiwan Semi ($TSM)
You’re playing with the house’s money. Let it run. It’s probably the best airline in the world.
-On Azul SA ($AZUL)
They’re very well run. It’s a good stock. Internet of travel holds up. You’ve got to keep her.
-On Hilton Worldwide ($HLT)
That may be one of the greatest untold software enterprises company there is. It’s a very good stock. I hope it pulls back. It’s worth talking about.
-On Samsara ($IOT)
It’s losing too much money. I want you to sell that one.
-On Rivian Automotive ($RIVN)
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 6, 2023
Tuesday June 6
It’s the only Chinese stock that I’d recommend. If you have to buy a Chinese stock, that would be the one. I don’t think you should, but that’s the guy.
-On Alibaba ($BABA)
You bet it’s a buy. It’s a great company. They did a terrific job. The shorts tried to get them down a couple of years ago, but they failed. It’s going higher.
-On Snap-on ($SNA)
It goes higher (BUY, BUY, BUY). Lawrence Culp is an amazing man. The power generation business is good.
-On General Electric ($GE)
Gary suing Coinbase a day after he sued Binance pic.twitter.com/5gYHp1DBMG
— Not Jim Cramer (@cramercoin) June 6, 2023
Credit where credit is due, Jim actually nailed this one. Is it time to long Jim?👀 pic.twitter.com/lqp64XVVlQ
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 6, 2023
I would rather invest in chain letters than some of this garbage https://t.co/K0Bl55Sm2k
— Jim Cramer (@jimcramer) June 6, 2023
Wednesday June 7
Here they have mortgages that I do not know about. I don’t know what’s in them, so I’m going to have to defer and say I don’t want to recommend that.
-On Blackstone ($BXMT)
I've had it with Coinbase and don't get me started on Binance
— Jim Cramer (@jimcramer) June 7, 2023
Thursday June 8
Very inexpensive stock. You can hold it for the long term.
-On LyondellBasell ($LYB)
You’re absolutely right (BUY, BUY, BUY). I’m looking for the 52-week high, if it ever comes in, Buy, Buy, Buy. One for the investing club, that’s how good it is.
-On Eaton Corp ($ETN)
You want to buy that one. Absolutely great idea (BUY, BUY, BUY). Thank you for the kind words, but boy I think Realty Income is terrific.
-On Realty Income ($O)
my judgment so far about AI; 1. creating more jobs than displacing, 2. the AI that Jensen talks about is very different from the claptrap you hear about, 3. AI will be driven by ORCL, GOOG, MSFT, META
— Jim Cramer (@jimcramer) June 8, 2023
You forgot this one sir pic.twitter.com/nLrb0VtxqO
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 8, 2023
Friday June 9
The cancer drug actually paid off. Congratulations to them. But you know what, it’s time to sell (SELL, SELL, SELL) and take the gain.
-On Immunogen ($IMGN)
I have always liked the stock. I haven’t feature, because there’s a particular reason, it’s not a good one. I’ve always felt like it’s a good solid but not an exciting stock, and my viewers wouldn’t like it. It’s wrong. What matters is it’s making money, and they’re making money.
-On Ameriprise ($AMP)
My money is on Apple in VR.. BIG
— Jim Cramer (@jimcramer) June 9, 2023
Oh dear pic.twitter.com/zUzksEd2hQ
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 9, 2023
Cramer Classic
bullish at the top, bearish at the bottom
— Not Jim Cramer (@cramercoin) June 7, 2023
never change jim pic.twitter.com/iLgkayo0rc
Weekend Bonus
Technical Analysis bros be like: “so as you can see here we have a perfect breakout spot” pic.twitter.com/rZErFNmcRH
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 5, 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 and contains an affiliate link to Raging Bull
- I am long $INTC and $GE
- We have no ALTS 1 investments in any companies mentioned in this issue