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 19
Markets closed for Juneteenth holiday
Tuesday June 20
That’s very risky. They’re not making any money. I don’t recommend stocks that are losing money in the show. It’s too dangerous for me.
-On Luminar Technologies ($LAZR)
Too dangerous. Too dangerous for me. I wanna see more information. I’m not really sure what’s in it, I don’t like that.
-On Icahn Enterprises ($IEP)
Wednesday June 21
It can still grow. It has a lot of good things. Their data centers business can get bigger. They do have some very fast chips. It’s just that the stock did have a big run, and I’m not as keen up here. I do think NVIDIA has the best market. It’s okay but not fabulous in 120.
-On Advanced Micro ($AMD)
They’ve been around for a while. They’re profitable. This is the kind of speculative stock that I like very much. I think it is a buy.
-On Myriad Genetics ($MYGN)
It’s been a terrific performer. It never gets the love it deserves on Wall Street. People think it’s too boring, I don’t mind boring when it comes to money.
-On Iron Mountain ($IRM)
I think the long-term is great but the short-term is just too high.
-On Meta Platforms ($META)
Not a fan. I don’t feel there’s any game. I’m gonna have to take a pass on that one.
-On Snap ($SNAP)
Thursday June 22
I think that stock is a buy (BUY, BUY, BUY) right here. It’s the best out there long term.
-On Cummins ($CMI)
It’s never too late to sell that stock, that’s how bad it is. I mean it’s been an abomination, I don’t mind calling them out. –On ADT ($ADT)
It’s a very well-run company. It’s gonna put up some good numbers. It’s one of a few techs that’s making a lot of money. I think it’s a buy.
-On Datadog ($DDOG)
Very good company. I like the yield. It’s a terrific idea. I like that stock very much I should profile that more.
-On Evergy ($EVRG)
That stock moved too far too fast. They do not have a good quarter, so I’m not gonna give it my blessing, I just can’t.
-On C3.AI ($AI)
They had a terrific quarter. It’s not a hype, it’s a reality. It’s a very very good company.
-On Spotify ($SPOT)
Friday June 23
No show
Cramer Classic
Weekend Bonus
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 Diamond Standard
- We’ve invested in Diamond Standard through our ALTS 1 fund
- I am long $VZ and $SPG
