With shares back under $100 each, we're stepping back in to take advantage of what we see as an enticing risk/reward.
We're buying 50 shares of Disney at roughly $98 each. Following Monday's trade, Jim Cramer 's Charitable Trust will own 880 shares of DIS, increasing its weighting in the portfolio to 2.63% from 2.49%. With Disney shares back under $100 each, we're stepping back in to take advantage of what we see as an enticing risk/reward. From a technical perspective, the stock is trading right around its 200-day moving average.
As for experiences, analysts expect growth to rebound after the current quarter as we lap tougher comps. Parks demand is holding up despite the growing pressure from inflation, and the segment will be further aided by the launch of one new cruise ship later this year and two additional ones in 2025.
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