{"id":20576,"date":"2023-09-19T15:51:22","date_gmt":"2023-09-19T15:51:22","guid":{"rendered":"https:\/\/microloannexus.com\/news\/jim-cramer-says-weakness-in-this-entertainment-stock-is-an-opportunity-to-buy\/"},"modified":"2023-09-19T15:51:24","modified_gmt":"2023-09-19T15:51:24","slug":"jim-cramer-says-weakness-in-this-entertainment-stock-is-an-opportunity-to-buy","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=20576","title":{"rendered":"Jim Cramer says weakness in this entertainment stock is an opportunity to buy"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Every weekday the CNBC Investing Club with Jim Cramer holds a &#8220;Morning Meeting&#8221; livestream at 10:20 a.m. ET. Here&#8217;s a recap of Tuesday&#8217;s key moments. 1. Stocks fell Tuesday following a muted session Monday on Wall Street. The decline in stocks comes ahead of the Federal Reserve&#8217;s latest policy decision Wednesday, with markets widely expecting the central bank to leave its target range for interest rates between 5.25% and 5.5%. Treasury yields moved higher Tuesday as August housing starts in the month dropped to their lowest levels since June 2020. West Texas Intermediate crude, the U.S. oil benchmark, rose more than 1%, pushing toward $93 per barrel, continuing its multiweek advance. 2. Disney (DIS) shares slid roughly 3.5% on Tuesday after the media and entertainment giant said in a securities filing that it planned to double its capital expenditures on its theme park and cruise business over the next decade. The company said it now expects to invest about $60 billion in total. Disney&#8217;s decision to double down on its experiences business \u2014 on top of ongoing negotiations with CNBC parent Comcast (CMCSA) to buy its remaining stake in streaming service Hulu \u2013 has likely concerned some investors about the company&#8217;s overall spending. However, Jim said he&#8217;s not as worried about that and sees this as a positive moment to buy additional Disney shares. 3. Analysts at Citigroup initiated coverage of GE Healthcare (GEHC) with a buy rating and $82-per-share price target, implying nearly 25% from current levels. In its note to clients, Citi said GE Healthcare has been working on artificial intelligence to improve care delivery and patient outcomes for years. Still, the stock on Tuesday fell modestly, deepening its weakness in recent months. Jim said he believes investors who are selling GE Healthcare down here will be proven wrong over time. (Jim Cramer&#8217;s Charitable Trust is long DIS and GEHC. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust&#8217;s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/09\/19\/jim-cramer-says-weakness-in-this-entertainment-stock-is-an-opportunity-to-buy.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every weekday the CNBC Investing Club with Jim Cramer holds a &#8220;Morning Meeting&#8221; livestream at 10:20 a.m. ET. Here&#8217;s a recap of Tuesday&#8217;s key moments. 1. Stocks fell Tuesday following a muted session Monday on Wall Street. The decline in stocks comes ahead of the Federal Reserve&#8217;s latest policy decision Wednesday, with markets widely expecting<\/p>\n","protected":false},"author":1,"featured_media":16761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-20576","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jim Cramer says weakness in this entertainment stock is an opportunity to buy | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Every weekday the CNBC Investing Club with Jim Cramer holds a &quot;Morning Meeting&quot; livestream at 10:20 a.m. ET. 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