Investing Club: What Cramer is watching Friday — Where to from here for the pandemic plays?

Published Fri, Jan 21 20229:03 AM ESTUpdated Fri, Jan 21 20229:17 AM EST

What I am looking at, January 21, 2022: Don't forget to tune in to a special Morning Meeting broadcast at 10:20 a.m. this morning where we are discussing a trade in real time... Netflix (NFLX) —how bad?... Maybe not as bad as seems... they did seem baffled after all the good programming... almost as if they tried to blame the Latin American economy... they did not handle themselves with any aplomb on call and it concerned people... this plus Peloton (PTON) put a coda to the pandemic stocks.... Zoom (ZM) and Docusign (DOCU) are still out there... NFLX downgraded buy to hold at Morgan Stanley... list of downgraders : Baird, Barclays, Morgan Stanley, Credit Suisse….2.5 million adds coming in 1Q... analysts had been looking for almost 7 million... Where are the new platform initiatives?... Should they have bought Activision Blizzard?... Finally cash flow positive—that's it? Peloton (PTON) production issues ... Is it just an exercise equipment stock? Is Mirror a tactical mistake for Lululemon (LULU) ?... Stifel goes to buy from hold Can you have the collapse of retail AND the collapse of in-home purchasing? Union Pacific (UNP) biggest winner with end of port jam up?... CSX (CSX) not as bad as seemed but reported on a real bad day...Goldman and Susquehanna both raise price targets Union Pacific-great numbers... A reminder: Best banks Morgan Stanley (MS) (see our write-up here ) and Wells Fargo (WFC) (see our write-up here )... worst JPMorgan (JPM) ... Reasonable: Bank of America (BAC) ... Price adjusted: Goldman Sachs (GS) . Pandemic play Moderna (MRNA) now down 65% from high... as we get closer to Pfizer pill will quarantine time be cut down?... And will the unvaxxed stay unvaxxed?... The biggest losers since the peak: clinical stage biotech stocks... Which will Pfizer (PFE) buy? So far NONE... Next biggest losers: uncovered SPACs that no one knows anything about.. Where is the real bubble? I think it is in Dogecoin... You want a real bubble-not the so-called bubble in equities?... How about a security that people do not think is a security being regulated and those who print Dogecoin having to report their numbers to the SEC? Robinhood (HOOD) rolls out crypto wallet to 1000 beta customers... Are you kidding me? Now? Today?... Russian central bank debating outlawing currencies...they are worried about bubbles Here's a good call: Cloudflare (NET) , which has fallen from $217 to $93, Credit Suisse upgrades hold to buy... Load balancing and video streaming play that is an actual way to invest in more content on the web which is what I think has disabled Netflix... Kind of call I hate: Barclays cuts price targets for Mastercard (MA) and Visa (V) and says it likes them... you don't cut the target and like when the market has been down for days...I like Mastercard much more than Visa... Intuitive Surgical (ISRG) did not crush numbers... I think this is entirely because of omicron…Citi upgrades hold to buy... Give up on FANG or consider that Amazon (AMZN) , Alphabet (GOOGL) , Meta (FB) , Apple (AAPL) and Microsoft (MSFT) have spent $280 billion in past year, equal to 9% of American investment, up from 4% a year ago?... UnitedHealth (UNH) — price target raised from $515 to $540 at Ray Jay... strong buy… good place to see if things bottom... Needham cuts ViacomCBS (VIAC) pt from $80 to $45, but says tougher comps… Carvana (CVNA) pt cut to $185 from $300 at Wedbush... cites growing industry headwinds... don't forget Lithia (LAD) , Autonation (AN) and Carmax (KMX) ... no longer novel... Apple (AAPL) pt raised $205 from $165 at Wells Fargo... earnings January 27 ... analyst says really about monetization of installed base.. (Jim Cramer's Charitable Trust is long UNP, MS, WFC, MA, AAPL, AMZN, GOOGL, FB. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021.

David Swanson | Reuters

What I am looking at, January 21, 2022:

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