Walt Disney Co (DIS)

[JohnSamuel]

Latest on DIS earning results from "The Street" ...

"We'll adjust our price target in the coming days and maintain our TWO rating overnight as we further examine the quarter and our position. We've long understood the daunting challenges that lay ahead for the company, but kept this position in fulfillment of a "barbell" portfolio management strategy that balances stocks with defensive characteristics with global brands that will make it to the other side of the pandemic. Disney fits the latter, as it is a social gathering stock in a time of social distancing."

Action AlertsPLUS, which Cramer co-manages as a charitable trust, is long on DIS.