Jim Cramer Stops Selling Twitter, Says Disney Is a Go-To Name
Jim Cramer answers viewers' Twitter questions Thursday, offering his opinions on Twitter (TWTR), Disney (DIS), Netflix (NFLX), Kohl's (KSS) and Boeing (BA). Cramer was asked about Twitter's board meeting, and what outcome he'd be looking for. Cramer's Action Alerts PLUS holds some Twitter stock, and he said it's been a big mistake. He sold some shares higher but no longer wants to sell anymore, because SunTrust analyst Rob Peck has said it's too late to sell and it's time to start accumulating. Cramer said he'd like Twitter to hire a CEO who is totally focused, and he'd like to see new products, which he thinks the company can pull off. Cramer was also asked when to buy shares of Disney, and responded it's a go-to name if the market sells off and retests last week's lows. He pointed out that Disney has Star Wars coming up, as well as a big Chinese initiative next year. Another viewer asked whether to buy Netflix on the Hulu (HULU) pullback. Cramer likes Netflix, but said it's in the control of short sellers. He said he likes the stock at $95. Send your Twitter questions to @JimCramer, with #CramerQ.
