"That's it Cramer, keep sending lambs to the slaughter."
Got that tweet right after I interviewed Vladimir Tenev, co-founder and co-CEO of Robinhood, the disruptive brokerage house for younger people, or youthful, or millennial, I really don't care what you call them, but you know who they are.
At first, I thought he was talking about how there were outages on some very big days in March, something I addressed both in my introduction, when I invoked Biggie Smalls, Mo Money Mo Problems, and hit the company for its tech failures. I hit him again twice, the first two questions and, mind you, I could have made the whole interview a punitive one. After a while, though you can only satisfy the gods of negativity for so long.
So then I got into the meat of the order, a cliché from the atavistic sport known as baseball, which was, after confirming that trades and account openings were stronger than ever, what were these alleged lambs buying? What I found out? How about some pretty darned shred stocks -- and I want to go over the top ten to show you why I like how the younger person is investing.
The most popular, why it's Inovio Pharmaceuticals (INO) . I always say own a speculative stock and the younger you are, the more speculative you can be. Inovio, which we have had on the show, is one of two companies in human trials for a vaccine for Covid-19. It's backed by the Bill and Melinda Gates Foundation. Its tests are going on at the University of Pennsylvania Hospital. The other company that far along? Moderna (MRNA) , with a stock that is up 164%. INO, a single-digit stock, is up 174%. If there is good news here on the human trial, you could expect a triple.
Ford's (F) number two, and I have to believe that bargain hunters are taking advantage of a stock down 46%. This is Ford, for heaven's sakes, doesn't it have to make it? The answer is yes, it may make it, but no, the stock itself might be worthless if it runs out of money.
The next is a penny cannabis stock. I don't like penny stocks. They are penny stocks for reasons, no one wants a penny stock. The blue chip cannabis stock is Canopy Growth (CGC) , which is owned in large part by the incredibly well run Constellation Brands (STZ) . They should be buying that stock if they think Joe Biden wins in the fall and he legalizes marijuana. Canopy has a lot of money and ready-to-drink cannabis liquids as well as some medical uses.
Four is Disney (DIS) . I think this is brilliant. It's being hurt by sports, theme parks and cruises. But if you believe in number one, Inovio, then you might have a winner.
Five, Microsoft (MSFT) , how about the best performing large-cap tech.
Six, American Airlines (AAL) . So low, off 61%, so tempting. Big bounce back candidate, as it doesn't seem like the government will let it go bankrupt.
I like number seven: Boeing (BA) . It's going to be saved by the government. The questions are can you get some demand for planes going and will the FAA certify the MAX? I think there are 50 down and 100 up. Perfect risk reward.
I looked up cruises that you could take on the eighth pick, Carnival (CCL) , and even though it's got the most tattered balance sheet and, for that matter, reputation, it still takes customers at intriguing reduced rates for next year. You can get a refund if it doesn't take off and in the meantime if we get a vaccine, what an intriguing piece of paper.
Number nine, GE (GE) , I own for the charitable trust. I think, like Ford, it's what we call a single-digit midget. It's run by a fabulous CEO, Larry Culp and I think it makes it -- and it is a better play on air travel that Boeing.
Finally there's Tesla (TSLA) . You bet it's Tesla. I would put that higher. If you are younger, you should bet on the only car company that's got a level of popularity that doesn't need any advertising. I always say it is a tech company on wheels.
To me, that's a fantastic list; I would prefer some fractional shares, wildly popular, to the penny stock. Otherwise, if this is a slaughter, call me a lamb.
