Jim Cramer Says He'd Buy The Dip If Disney Stock Goes To This Level
Portfolio Pulse from Benzinga Neuro
Jim Cramer expressed interest in buying more shares of Disney if the stock price falls below $90, despite challenges in Disney's theme parks. Disney's experiences unit, including theme parks, now contributes significantly less to the company's income. The company plans a $60 billion investment in its experiences businesses over the next decade.
October 17, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jim Cramer is interested in buying Disney shares if they fall below $90. Despite challenges in theme parks, Disney plans a $60 billion investment in its experiences businesses.
Cramer's interest in buying Disney shares if they dip below $90 suggests potential support at that level. The company's $60 billion investment in experiences indicates a long-term growth strategy, which could positively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100