Alts Logo SVG
Invest Now

Inverse Cramer Weekly Update — May 14

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

You are subscribed to receive Weekly updates.

We now do Daily updates as well. Get Daily updates here.

Quick links:

Past issues

Monday May 8

It’s being pushed down pretty aggressively. Part of a company is a bank that can sink gigantically. I don’t want to own the stock. I don’t recommend any regionals.

– On Charles Schwab ($SCHW)

Tuesday May 9

I like that stock (BUY BUY BUY). You’ve got a winner there, Jim.

– On Nextra Energy ($NEP)

I’ve been very disappointed in them. I thought they have a very good game plan. I thought they knew what they are doing. They haven’t been able to execute their game plan, so therefore I have to say (SELL SELL SELL).

– On STEM ($STEM)

I like them very much. Terrific company. I’ve liked it for ages.

– On Fortinet ($FTNT)

cramer

Wednesday May 10

I like a non-financial financial. In other words, they actually just do trading. They got no interest rates risks. It’s a goldmine. I think you have a fine choice here.

– On Tradeweb Markets ($TW)

I don’t like the stock. I don’t like any financials in that segment. We’re gonna have to just say (SELL, SELL, SELL).

– On Block ($SQ)

We sold a tad of it. We owned it for years and years. Like I said to club members, I’ve got to cut it back a little because I’m worried about the fact that the AI race could cannibalize revenue streams. That said, they are awful smart people. They have a lot of things cooking. So, we didn’t sell it all we just sold some.

– On Alphabet ($GOOGL)

Last quarter for them was good. Now the stock was going UP, UP, UP, for that quarter. You know what, I’m done with it. (SELL, SELL, SELL).

– On HubSpot ($HUBS)

Thursday May 11

For the long term, they are very good. Here’s the problem in the short term: they aren’t so far from Artificial Intelligence. But I think they’ll make a case and then we’ll feel better about it.

– On Amazon ($AMZN)

I think it’s an excellent quote utility. I like utilities. I’m one of few people that talks about it. They’re a very good one and congratulations for reinvesting.

– On Otter Tail ($OTTR)

They’re a hot one. Too hot for this guy. We’ve got a justice department inquiry. We’ve got short sellers saying bad things about it. It is too hard. It is what I called a battleground. That’s not for me.

– On Icahn Enterprises ($IEP)

This is a payment situation. I stop recommending any payment company. The reason I have is because Apple is going to be the only wallet we need – Own it don’t trade it.

– On Paysafe ($PSFE)

David is a very good executive and a terrific guy. The company did have a good quarter, but that’s maybe an opportunity to (SELL, SELL SELL). It’s a very competitive space.

-On Roblox ($RBLX)

Friday May 12

That company is losing money fast. They probably lost like $1B on this phone call. We’re gonna say ‘No’ to that company.

-On Virgin Galactic ($SPCE)

No. We’ve got nothing good to say about Rocket Mortgage. We don’t like mortgage companies.

-On Rocket Companies ($RKT)

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

Share

Author

Inverse Cramer

Inverse Cramer

Related Posts

egypt

An Unlikely Contender for Economic Success?

Egypt: An Unlikely Contender for Economic Success, Shein Eyes IPO: The Fast-Fashion Behemoth’s Next Big Step, Surpassing Forecasts: NVIDIA’s Remarkable Q3 Growth, & More.

December 3, 2023

Let’s buy some Saudi art

The curse of optionality, Fake people, real money, The fall and rise of Saudi Arabian art, Market timing doesn’t work, and RIP Charlie.

November 30, 2023
jim cramer

Inverse Cramer Weekly Update — Nov 26

I’ve been looking at Toyota and thinking why do I not recommend that stock it just keeps going up and up. I think it’s a really good call, buy Toyota -On Toyota Motor (​$TM​)

November 28, 2023
binance

Binance gets rekt

A four week rally in equities – is the risk trade back on, All bad news in real estate, Is there a private credit bubble, and More.

November 28, 2023
Alts1 Fund Graphic Small

Recently Published

Unique investment ideas worth exploring

Our newsletter is everything. Start here.

    Join thousands of subscribers.
    Absolutely spam-free.

    Website
    Address
    651 North Broad Street, Suite 206 Middletown, DE 19709
    Subscribe to Newsletter
    Alternative Assets - Unique investment ideas worth exploring | Product Hunt
    Linkedin Youtube Instagram Podcast Tiktok Twitter
    © 2023 Alt Assets, Inc. All Rights Reserved

    Disclaimer: The authors of Alt Assets, Inc. are not finance or tax professionals. They are self-taught accredited investors, sharing information, research, and lessons learned. The published content is unique, based on certain assumptions and market conditions at the time of publishing and is intended to serve solely as research, not financial advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several or all of the alternative asset classes that Alt Assets, Inc. publishes content on its site. Any published articles on Alt Assets, Inc. that an alternative asset has a “buy”, “pass”, “overvalued” or “undervalued” designation does not factor into the asset classes that the Fund through its manager ultimately invests in, and thus, any of the Fund’s investments that have positive designations on the Alt Assets, Inc.’s site are purely coincidental as the Fund is actively managed and guided by its own investment parameters as summarized in the relevant private placement memorandum.