Jim Cramer names casual dining stocks to buy on the pullback
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Jim Cramer and the CNBC Investing Club discuss the latest market trends, including the S&P 500's performance and the recent pullbacks in megacap tech stocks. The Club also shares their investment strategies and highlights three recent laggards: BlackRock, Bristol Myers Squibb, and Honeywell. They analyze these companies' fundamentals and provide insights into their potential for growth. Additionally, the update previews upcoming earnings reports from several key companies in various sectors.
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CNBC's Jim Cramer believes Disney's stock is currently undervalued and presents a compelling buying opportunity. Despite a recent dip in share price, Cramer points to Disney's strong earnings report, resilient parks business, and positive outlook for streaming as reasons for optimism.
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CNBC's Jim Cramer on Tuesday told investors why he thinks now is a good time to invest in Disney.
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Wall Street was heading for a lower open Thursday after the S&P 500 closed at another record.
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