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Hold Off on Wearable Camera Maker GoPro Until Fourth Quarter: Cramer

July 19, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer answers viewers’ questions from the floor of the New York Stock Exchange. He explains his stance on GoPro (GPRO), which he recommends holding off on until the fourth quarter. Being as GoPro carries products that are often given as gifts, Cramer says it’s better to wait and reexamine this name closer to the holidays. At the beginning of a big week for bank earnings, Cramer reveals how to best play Goldman Sachs (GS). He also weighs in on specialty pharmaceuticals company Mylan (MYL), which he deems ‘played out.’ Instead, he’s back to focusing on Actavis (ACT) within the group. When one viewer asks if Disney (DIS) is inflated due to anticipated value this year, Cramer calls the company ‘the pulse of the world’ and details why he’d be a buyer.

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