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On February 26, 2020, President Trump held a press conference on the new coronavirus. Therefore, Mad Money was not broadcasted. “CNBC Special Report: Market Turmoil”‘ was broadcasted, instead. Below are links to video clips & article featuring Jim Cramer during the special report show.
Buying Disney here as a long-term play ‘makes sense to me,’ Jim Cramer says (https://www.cnbc.com/2020/02/26/jim-cramer-buying-disney-on-coronavirus-fears-makes-sense-to-me.html)
- “I don’t if you’ll see that [stock price] 20 years from now. I don’t know if you’ll see that. So that’s the kind of thing that makes sense to me,” CNBC’s Jim Cramer said after Disney shares fell 3.77% to $123.36.
- The “Mad Money” suggested the stock is worth buying at a discount for the long term as Wall Street continues to be rattled by coronavirus fears.
- “I don’t know when they’re going to solve it, and people are going to go back to Disney. And when they do, I don’t think you’ll get it for $115 or $120,” he said.
Ticker: DIS
Executive Interview: HP CEO says coronavirus outbreak will dent earnings for the current quarter (https://www.cnbc.com/2020/02/26/hp-ceo-forecasts-coronavirus-will-dent-quarterly-earnings-by-8-cents.html)
- HP Inc.’s bottom line will take a hit this quarter due to the coronavirus epidemic, CEO Enrique Lores told CNBC.
- “We produce most of our products in China,” said Lores. American businesses have shut down factories in China, particularly in the Hubei province, due to the novel virus outbreak.
- “We have estimated that in Q2 this will have an 8 cents impact on EPS, and this is what we have built in our predictions,” he said in a “Mad Money” interview.
Ticker: HPQ
Cramer’s exclusive interview with Toll Brothers CEO (https://www.cnbc.com/video/2020/02/26/cramers-exclusive-interview-with-toll-brothers-ceo.html)
Jim Cramer spoke exclusively today with Toll Brothers CEO Doug Yearley after the company’s stock took a 14 percent hit in Wednesday’s trading. Investors sold after the company released its quarterly report missing earnings estimates. Revenue was also below forecasts.
Ticker: TOL
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