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Oil Company and Entertainment Giant Are on Tap to Post Results Next Week

July 15, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer is keeping an eye on Disney (DIS) and EOG Resources (EOG) as both companies prepare to release quarterly results next week. EOG, which Cramer calls the hottest oil company, is set to report Monday. He says shares could go higher because he expects they will deliver good numbers. But more importantly, if the stock goes down, he advises investors to buy. On Tuesday, it’s Disney’s turn to report results. Cramer thinks CEO Bob Iger is going to tell a great story about Shanghai and an unbelievable story about ‘Star Wars’. Cramer advises investors to buy EOG ahead of the quarter, but wait until after to buy Disney. EOG Resources is a core holding in Jim Cramer’s Action Alerts PLUS charitable trust portfolio.

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