Thursday Night On A Very, Very, Busy, Busy Day -- June 1, 2023

Locator: 44819ARCH.
Locator: 44819INV.

NBA: game one of best of seven. 

US Senate: to vote "within hours." If before midnight, one comment -- "wow, that was fast!" 

Market: futures remain green. 

MDU: completes Knife River spin-off. A reader told me Knife River was valued at 20% of MDU. When the spin-off was completed, MDU shares dropped 30%.

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Investing

A reader sent me this link.

My not-ready-for-prime-time reply:

Cramer wears two hats:

• sometimes, a short-term trader;
• other times, he's a long-term investor.

In this one, I don't know which he is.

For a rolling-30-year horizon investor, which of the seven would I not invest in?

Cramer's seven:

• AAPL
• MSFT
• NVDA
• AMZN
• META
• TSLA
• GOOG

By elimination:

• If I had to eliminate one, first to go: AMZN.
• If I had to eliminate two, add META.
• If I had to eliminate three, add GOOG.

And that's it, I wouldn't eliminate any of the others.

Current favorite:  AAPL, but so overweight, hard to add more. I will add more on significant pull-backs.

My next position:  TSLA. I don't think people know NOW how things have changed. I can't build this position fast enough on pullbacks.

Favorite after AAPL but already have a position: MSFT. Probably the best of the seven.

I'll post this for the archives.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.