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Inverse Cramer Weekly Update — Jun 4

Welcome to Inverse Cramer by ​Alts.co​: Tracking Jim Cramer’s stock picks so you can do the opposite 🙃

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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)

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)

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)

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)

Cramer Classic

Weekend Bonus

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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

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Inverse Cramer

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