At $30 a share, Disney(DIS - Cramer's Take - Stockpickr) is a buy, said Cramer. Gasoline prices are likely to drop to $3.50 a share. While the weak dollar will make it difficult to travel internationally, Americans are going to flock to Disney World, he said.
Disney's High School musical is fabulous and its channel ABC is doing well. "Disney is ready to rock at $30. Pull that trigger," he said.
Like I said earlier, considering that all the statistics and the anecdotal observation of the resorts having such high booking rate for the rest of the year, the forecast of some financial "analysts" of Disney not going to do well is rather ... er ... strange. Are these the same analysts that caused Apple stocks to tumble just after they just posted record earnings? Go figure!
Zz.
No comments:
Post a Comment