NEW YORK (TheStreet) -- Disney (DIS) and Whole Foods Market (WFM) report earnings this week. TheStreet's Jim Cramer told Brittany Umar these two stocks seem to go down almost every time following their earnings reports but low interest rates and falling gas prices should help boost results.
Regarding the entertainment juggernaut Disney, he said investors should consider selling some of their positions ahead of the quarter while looking to buy it back following the report. He added that no matter what CEO Bob Iger says on the conference call, the stock will likely be pushed lower despite having a great multi-year outlook.
Cramer admitted he wished the company didn't have as many flops at the box office, but said its many other positive catalysts more than compensate for the occasional dud.
Turning to Whole Foods, he said many continue to doubt the company's growth. Even when it reports solid results, naysayers will nitpick the growth numbers and question its legitimacy.However, Cramer stressed the growth is real and insists Whole Foods is only in the "second or third inning" of what is expected to be a great long-term growth stock. Both companies have very impressive management teams but have run up too much ahead of the quarter, Cramer said. He concluded that the stocks will be "great buys" after the analysts knock them back down. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV