Jim Cramer Says He'd Buy Disney After Its Shares Slid on Negative Netflix News

Jim Cramer Says He'd Buy Disney After Its Shares Slid on Negative Netflix News

Business, Business News

1/22/2022 3:12:00 AM

Jim Cramer Says He'd Buy Disney After Its Shares Slid on Negative Netflix News

“I want to own the stocks of longstanding, great Americans that are brought down in a guilt-by-association fiasco,” such as Disney, the “ Mad Money ” host said.

.Cramer acknowledged Friday that he's"been too early" on Disney, alluding to the fact the stock is trading lower than when the trust made its buys."But it's time to stop conflating speculative stories with investment-grade stories. Many stocks that have bee annihilated here belong to companies that don't have much in the way of earnings, companies that mostly trade on hype or hope," Cramer said.

He said he sees a range of speculative assets — including cryptocurrencies and stocks that went public through a reverse merger with a special purpose acquisition company — that deserve to be struggling right now, as Wall Street prepares for likely interest rate hikes from the Federal Reserve.

Read more: NBC DFW »

Rivals.com - FSU 2024 four-star RB commit Kameron Davis setting four summer visits

Read more >>

Jim Cramer Has Major Warning for Dogecoin Buyers.jimcramer has urged his followers to be cautious about Dogecoin jimcramer 🤣🤣🤣

Disney is putting a Disney Plus exec in charge of HuluDisney shuffles its executive suite, naming a new Hulu boss. RIP to original content then. I hope we can get better shows on hulu You have a racist working for you.

Mad Money's Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate – Altcoins Bitcoin NewsThe host of Mad Money , Jim Cramer , has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. I would ask him “what cryptocurrency and blockchain mean?” . 🚀💚 💚💥💥💚💚💚 🐕🐕 🚀💚 🚀🚀 💚💚 🐕💥 🚀🚀 🚀🐕💚 🚀💚💚ABYDOGE 🐕🐕 💚💚 💚💚 🐕💚 🚀🚀 💚💚 💥🐕🐕💥🚀🚀 💚💚 BabyDogeCoin BabyDoge babydogecoinarmy . Holy shit, im not a fan of Doge coin, but that there is called a buy signal!

Two Disney Channel Alums Are Joining “High School Musical” Season 3HSMTMTS is truly the gift that keeps on giving

Bears Head Coach Search: Jim Harbaugh Might Leave for RaidersBears fans have clamored for the Michigan Wolverines coach to replace Matt Nagy

Hilary Duff Reveals Plot Of Scrapped 'Lizzie McGuire' Revival That Was Too Racy For Disney'It's not dead, and it's not alive,' Duff said about the revival of the beloved Disney Channel series.

December . Cramer acknowledged Friday that he's"been too early" on Disney, alluding to the fact the stock is trading lower than when the trust made its buys. "But it's time to stop conflating speculative stories with investment-grade stories. Many stocks that have bee annihilated here belong to companies that don't have much in the way of earnings, companies that mostly trade on hype or hope," Cramer said. He said he sees a range of speculative assets — including cryptocurrencies and stocks that went public through a reverse merger with a special purpose acquisition company — that deserve to be struggling right now, as Wall Street prepares for likely interest rate hikes from the Federal Reserve. "But you can't just extrapolate the weakness of one company which has done very well, Netflix, with a whole host of other companies with great brand names that make fantastic products and generate good earnings, like Disney," Cramer said. "I am not saying that Netflix isn't worth owning. At some price, it sure will be," he added."I am saying that there are plenty of high-quality companies that were poleaxed today because of Netflix, and those were the best ones to buy." Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer