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 12
I know that management from way way back (BUY, BUY, BUY). I think that thing is terrific. It has made a big move, but I really like it.
-On Teradyne ($TER)
Yes we get it dude, Apple is a long-term hold:
Remember all of those analysts who told you to trade Apple around the developer's hoopla? Where did that get you?
— Jim Cramer (@jimcramer) June 12, 2023
Tuesday June 13
What a great company. Right in the sweet spot of just knots and bolts of electronics. Great call.
-On Hubbell ($HUBB)
There’s too much competition. Too many companies in that same space.
-On PayPal ($PYPL)
The stock is a big short squeeze. I don’t want to be caught up in a short squeeze, that’s a dangerous thing.
-On C3.AI ($AI)
Expecting hawkish pause….. nothing wrong with taking something off ahead….
— Jim Cramer (@jimcramer) June 13, 2023
Carvanahahaha pic.twitter.com/2udKtHzfPt
— Not Jim Cramer (@cramercoin) June 13, 2023
Wednesday June 14
If there are indeed more surgeries, there will be more need for their big MRIs. I think it’s is a screaming buy, and we’ve bought some today for the trust.
-On GE HealthCare ($GEHC)
I love it. This is one of the logistics companies that move fuel. Anytime I see those, I do like them. I think that’s the sweet spot of the energy complex right now.
-On NGL Energy ($NGL)
I cannot recommend these stocks that are Argentinian or Brazilian. Why? Because Argentina has got runaway inflation and Brazil has got an unstable government. So I’m gonna say no and take profits, it’s just too high.
-On Pampa Energia ($PAM)
What happens if the ten year goes above the two year… how about a gigantic wave of money into the stock market
— Jim Cramer (@jimcramer) June 14, 2023
Thursday June 15
There are so many better oil companies than that one. Why not Pioneer? Why not Diamondback? Why not Corterra? They’re all better than that one.
-On Earthstone Energy ($ESTE)
The fact that it’s located in Brazil, it’s an imbalanced country. I would be a seller (SELL, SELL, SELL).
-On Petrobras ($PBR)
Couple of interesting developments. First, Oracle reports an excellent q and then starts to give up the gains as usual. Then it roars ahead! Adobe runs hard into the q and usually gets hammered. Nope, goes higher. These are bold, bullish moves
— Jim Cramer (@jimcramer) June 16, 2023
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 8, 2023
Friday June 16
I do think that a 5% yield is a little too risky for me. I do not get into utilities to reach for yield. I prefer American electric power or I prefer Duke.
-On Dominion Energy ($D)
It’s mostly oil, not natural gas. It’s the reason why I like it very much for the trust. It does have a nice yield. And It got the best lowest cost and highest quality oil.
-On Pioneer Natural ($PXD)
A story in 2 parts: pic.twitter.com/IBK5OitJJO
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 16, 2023
Cramer Classic
The way Cramer waffles on crypto you’d think he worked at IHOP
Jim has gone full crypto bear
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 7, 2023
"These crypto assets all seem to be scams, and I want you out of them" pic.twitter.com/bF62OrTKmC
Weekend Bonus
We need to start teaching financial literacy in schools. Like, yesterday:
Uh oh💀 pic.twitter.com/IVqHIuup4l
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 12, 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
- I am long $PYPL
- We have no ALTS 1 investments in any companies mentioned in this issue