저자: JimCramer · 외국인
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결론: 금리 고점 인식 속에서 소형·성장주(러셀 1000 상위주)로의 순환매가 이어지며, 자신은 빅테크 일부를 줄이고 소형 성장주 쪽을 선호한다는 입장. 11월 러셀 1000 상위 수익률 종목을 소개하며 금리 하락 환경에서 소형·성장주가 강세라고 설명함. 대표 사례로 Affirm(약 95% 상승, 공매도 비중 약 22%), Roku(10월 저점 대비 약 2배), Block(약 58% 상승), Gap(동일점포매출 1% 증가로 급등), Olaplex(샴푸 업체, 실적 개선), Victoria's Secret(15% 공매도 잔존, 실적 충격 후 반등), Shift4 Payments(11월 약 48% 상승), Datadog(52주 신고가 근처, 약 42%% 수준 매수 추천), Expedia(19% 급등) 등을 언급함. 메가캡(매그니피선트7)은 자신이 보유 중이라며 일부 차익 실현(트림)했다고 밝힘. 비트코인 관련 현물 ETF 승인 기대와 코인베이스 강세를 언급하며 반등 기대를 드러냄. 금리 관련: 금리 고점 도달 시 경기연착륙 기대가 높아지면 성장주·소형주에 유리하다는 논리. 연착륙과 인플레 둔화를 전제로 낙관적 시각 유지. 콜러 질의응답: Morgan Stanley는 배당을 감안해 보유 지속 권고 성향, Wynn Resorts는 마카오 카지노 회복 전까지 90달러 돌파 어렵다는 부정적 견해, Devon Energy는 바닥권으로 보고 지나친 하락 우려에 동의하지 않는 입장 표명. 리스크: 지정학 이슈, 개별 종목 실적 변동성. 출연자 전망: 금리 고점·연착륙 시나리오를 전제로 한 성장주 강세 기대.
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out with the Magnificent 7 in with Olex Victoria Secret ship for payments and data dog I've been waiting for this front seat backseat moment where investors decide it's time to take the leap and get a little more speculative go down the stock food chain and broaden the action that's what's happened during this glorious buoyant month of November and fronty back went into overdrive today when the Magnificent 7 got whacked while the no names came to the floor now investors made peace with big caps Dow roaring 520 points S&P gained 38% even as the tech heavy NASDAQ dip 23% but more important they continued their month-long love affair with the small fry where the real big percentage gains lie as much as I like the magn no love the magn 7 we own all of them except for Tesla for the travel trust they ran so much that even we had to trim some of our positions simply to keep them from growing too big something we explained in memory the investing Club cuz we parted with such sweet sorrow how about the other side of the trade though people are taking profits in these fabulous winners and rolling them into all sorts of other stocks that are smaller low profile many of which you've never heard of and that's why at the end of the month where are interest rates plummeted I want to look at the top 10 winners of a very unlikely index for me to cover the Russell 1,000 for the month of November a top 10 that posted the kind of massive gain you can no longer get from the trillion dollar Club law of large numbers the Russell November winners tell the tale very well the best performing in the Russell 1000 this month it's a firm Holdings yes the buy now pay later outfit run by Max Levin with a 95% move higher hey look when interestes were going higher the whole world bet against these guys in fact nearly 22% of the float is still being sold short kind of nuts given a firms Min School default levels the stock got killed back when the FED started titing but now that long R are coming down it's rebounding just as quickly number two is Roku yes the streaming platform that lets you watch all your favorite services on your TV Roku is getting reputation for being a great place to advertised sure enough the stocks nearly doubled off its late October lows because management told such a good story on that terrific conference call that said this company still loses a huge amount of money a characteristic by the way that gets overlooked in this kind of house on environment but doesn't always stay that way third the other day I was asked what did Sam bankman free Tri excuse me trial due to bitcoin I said set it on fire as people seem to think that the Bad actors are leaving the table throwing in the fact that we're reportedly close to seeing a spot Bitcoin ETF approved and we've seen a spectacular move in coinbase the digital crypto exchange even as the SEC likes to Hector them hey you know what feeling sees Mutual like a firm this stock also benefit from a short squeeze but it's much harder to bet against these things in a falling interest rate environment and you'll have to excuse me for a moment while I take a drink of water because unlike all the other people on TV no one else ever coughs or sneezes or does any of that stuff that we humans do now when rates go down people want some low risk that also does well when small and medium-sized businesses Thrive a collateral positive from a better bond market no less and that's why it's no surprised to see block the old Square rallying hard this month now I thought this fintech company's last quarter was terrific so the move makes a ton of sense block had been overly punished for its riskier business model with more direct lending and say uh P PayPal but when the market goes all fronty back se you get a powerful 58% move yet many stocks have dwell in the Valley of the shadow of death for a couple of years now so as rates Peak when something good happens their stocks explode higher the Gap the Gap it posted a 1% increase in same store sales at Old Navy and that was enough to send the stock into the stratosphere didn't hurt that Gap got a whole new CEO who did a very good job of frame in the story on the conference call even if you can't really take credit for it right I mean the numbers just started turning in late August number six oh you'll love this one you'll just love this one it's a company called Olex okay now this one fits the front seat back seat thesis to a te remember this name Olex this makes specialty shampoos that are beloved by colorist to the Stars this is the kind of low dollar stock that attracts people who like the shampoos and want to buy a piece of what they like it's profitable and by the way in my shower it's it's the most important thing my wife loves it uses it by the boatload she told me to tell you that she liked the purple color one let me say this though tonight Becky quick has a special at 8:00 p.m.
on The Late Charlie Munger he was that brilliant partner of Warren Buffett Munger famously got Buffett to focus on high quality companies at a fair price Munger he would never bought a share of ol plaes all right this Monch shows that you don't eat even really need good numbers for your stock to go higher you just need some relief that the bad numbers are finally in the rear view I mean give an example PVH parent of Calvin Klein and Tommy which they offered they they gave a terrible number say it stock Val 7% and that kind of cockey optimism also explains the incredible run in the seventh best performer Victoria Secret company reported a loss terrible guidance but after initial head fake lower it s sprung higher under what can only be described as the last bad quarter syndrome sometimes you just you just cheer that a company isn't disappearing and for the real Optimist out there they buy and that's Victoria's Secret secret that and of course that it had a 15% short you look at that 15% short position now there are so many copies that take care of payments and when interest rates were going higher the market hated every one of them but when rates go lower we're suddenly enam to the fastest Growers and what feels like a totally homogenized group of stocks even as the one company has shown a great flare and that is shift for payments yeah shift for payments up nearly 48% for November how do you like that shift for payments all right now and out of nowhere I I don't I don't know you're com two companies that are actually really great companies first one is data dog okay here's a company that should have been acquired a long time ago by an oldfashioned Tech Al would have been able to spruce up their numbers Gat dog does very helpful application monitoring and analytics Cloud transparency is a huge thing sure enough the quarter was Immaculate I look you know what I actually tell you to buy the stock right here at 42% but it did hit is 52 we high today so that makes me a little antsy and then the other one you know I like these guys Expedia up almost 43% for the month November this is a case where the expectations were extremely low the company reported good numbers and then the stock just boom vaulted higher up 19% in a single session by the way because it never should have been down so much in the darn first place now uh when bookings competitor booking Holdings had been doing well people gave up on these guys what a mistake and by the way the travel boom it's still on you see Royal Caribbean see where that stock was today it's insane now look I'm not a believer in endorsing future winners based on November's performance but the bottom line if you think we're going to have a soft Landing if you believe inflation is coming down if you believe that interest rates a peak then you need to be a little more optimistic about life and stocks or at least stocks the Russell 1000 list with a growth stock bias that can produce some real winners and the ones I just highlighted have separated themselves from I don't know how about the other 990 stocks in that esteemed coiled spring of an endex ja theard to mix metaphors of racing and trains Charles in Arizona Charles booah Eagle Boy Jim how you doing today go Birds Chief what's happening yeah hey I wanna uh first of all I want to put a hats off to Charlie Munger man what a great or a sorry loss that is for the uh and I can't wait to hear to see Becky special you know Becky uh knows new Charlie and new Warren like no other journalist it's going to be fantastic what's going on okay yeah Jim I we appreciate your Insight for our stay-at-home Traders um in 2019 on the options action I took Tony zang's trade on Morgan Stanley I got in at 5360 it's hit 106 at high but now it seems it can't hold 80 is the 4 and a half percent dival dividend enough to keep me in it J oh my friend big guy listen to me this thing is just killing me my chel trust owns it we sold some higher we tried to buy some lower we bought some down here yields 4 and a quarter and it is just killing me and I can't believe it it's down this low this is a high quality company where if you believe that rates are going down and activity is going to pick up you have to buy the stock you have to right here Jerry in Missouri Jerry hey Jim thanks for taking my call no problem a few weeks ago there were two situations of good conference calls yet the stock went down anyway way so I purchased entirely new positions of Palo Alto and win Palo Alto is now up almost 20% and thinking of you I sold a little and bought a new toy my question is this when is not doing so great no do you think the geopolitics are taking too much of a toll 100% wind is down because they've got two casinos in Macau one of them caters to the high end and unfortunately that is no longer the end that is working and that is killing the stock and they've got to figure out how to recommission that one how to reconfigure it because if they don't the stock is not going to get above the 90 level because and if they do I got to tell you maybe it'll also be helped by the super well being there in February but only of course if the Eagles are in it Luke in Arizona Luke Mr Kramer how are you sir pretty good Luke how about you I'm good I'm good I'll do a little better if oil can uh do what it's supposed to do really all right trying to figure out this Devon energy and is driving me nuts all Deon energy could drive anybody nuts frankly I mean it's just been the worst performer in the group and it's really it's 6.8% you you know what I'm going to make the exception and say at this point at this price Devon is too low and I hope I don't regret saying that one now if you think we're going to have a soft Landing that it's time to take a look at the top names in the Russell 1000 because it's filled with grow stocks that could turn out to be big winners on manbody tonight left lftd is trying to take market share in the ri hailing space and made a host of Alternatives how how are things working out for this $1 stock I'm sitting down with the co then if you think that rates really have Peak as I do what sectors should do best I'm digging in with the reats and sharing which one I think will prevail in The New Normal and have your ears toce you or is there really actually a form of SP that I'm interested in I'm taking with a coming up over 200% this year do not miss my exclusive with verive then
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