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 May 29
Markets closed for Memorial Day
Tuesday May 30
I happen to be bullish on that one but for the long term. Why? The ad market is very soggy right now, but I think it can make a comeback. That’s the best way to play.
– On Corteva
Boy, people have given up on the drug stock. They really have. They are far from that complex. I’m not going to give up on them. Things are never so rosy that you can’t have a drug stock in your portfolio. That’s a darn good one.
– On Bristol Myers ($BMY)
This is the hot server company that everybody likes. I am not recommending that stock up here. I can’t get on board on that one. It’s just too high.
– On Super Micro ($SMCI)
I know there are people who are deriding the valuation of Nvidia. But the valuation is more of an art than many would like. If Nvidia is right than every major company, save Apple, is dependent on it. Every one. What is that worth? The subject is daunting. Humbling
— Jim Cramer (@jimcramer) May 29, 2023
Jim: “I like adding NVIDIA to your portfolio if you haven’t, it just crossed $1T market cap, it’s terrific, BUY” pic.twitter.com/HerdYb7ktO
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) May 31, 2023
Wednesday May 31
No, you’ve got to sell that one. I’m sorry that one is a no-go. I’m hoping you say Moderna. I can get my arms around that, but not them. I don’t trust them.
– On Novavax ($NVAX)
I’m going to tell you to sell that on the Bollinger Bands snapback. If you want to be in that area, forget that little dividend. The move for you is to Buy New Energy Fortress, and I think you’ll like it.
– On Golar LNG
Absolutely not. One of the worst stocks in the entire S&P 500!
– On Tyson Foods ($TSN)
Bullish for chicken nuggets pic.twitter.com/JtU5QQKAfW
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) May 31, 2023
I totally understand the selloff. We have end of month profit taking. But do not get discouraged. Let stocks come in. No hurry….
— Jim Cramer (@jimcramer) May 31, 2023
Thursday Jun 1
You should have 10% of your portfolio in Gold as a hedge against everything else. It’s is an excellent yield play. It’s a royalty trust. I like it very very much. I would be a buyer.
-On Franco-Nevada ($FNV)
Very tough. Very competitive market. I don’t like that market.
-On Clearfield ($CLFD)
Poor Robert😂 pic.twitter.com/rhSghtG4jc
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 1, 2023
Up 95% this month.
Friday Jun 2
I have the app. I don’t think the company is worth what is selling for. I don’t want you to buy it. I think it’s a meme stock, frankly.
-On SoundHound ($SOUN)
They’re going from a loser to a winner. They have done a lot of good growth things. They have a very good yield. I did not trust the company because I thought they were too inquisitive, not anymore. It’s a (BUY, BUY BUY).
-On Energy Transfer ($ET)
Shorts pressed Broadcom.. good luck.. invite me to your funeral
— Jim Cramer (@jimcramer) June 2, 2023
That's enough grandma, let's not lose all of my inheritance pic.twitter.com/ORAzBJlMYS
— Not Jim Cramer (@cramercoin) June 2, 2023
Cramer Classic
Inverse Jim, turn me to a superhero yuh yuh pic.twitter.com/4TmrJkS8II
— Not Jim Cramer (@cramercoin) June 4, 2023
Weekend Bonus
Airbnb Arbitrage bros. Sign a lease on an apartment, then sublease it on Airbnb:
That strategy? Fraud pic.twitter.com/KLEfy5gH5u
— Inverse Cramer (Not Jim Cramer) (@CramerTracker) June 1, 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 Nada
- I am long $VZ
- We have no ALTS 1 investments in any companies mentioned in this issue
