Jim Cramer would be a buyer of Walt Disney if the stock were to trend lower.
He said that buying on weakness makes sense because the slowdown in Disney's theme parks business, the profit engine at the company, will eventually abate.
The challenge, at least in the short term, is dealing with the demand slowdown at Disney theme parks.
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons:
Jim Cramer, Walt Disney, Piper Sandler, Jim, Disney, what's, Helene, Jim Cramer's
Organizations:
ESPN, KeyBanc, DIS, Disney, Hulu, Federal Reserve, Wednesday's, CNBC
Locations:
Florida, California, Milton