Stock Market Today With Jim Cramer: Hold Disney and Facebook

<p><span style="font-size: large;"> Stock Market Today With Jim Cramer: Hold Disney and Facebook</span></p><p><span style="font-size: large;">Stocks jumped Monday after Moderna said its coronavirus vaccine candidate was 94.5% effective in a late-stage clinical trial. Dow and S&P 500 are heading for record closes after Moderna's vaccine news.</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">TheStreet's Katherine Ross discussed breaking news in the stock market. Cramer spoke about Home Depot's latest acquisition, FAANG stocks and the market's response to Moderna's vaccine.</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Home Depot: Buy Or Sell?</span></p><p><span style="font-size: large;">Home Depot,  (HD) - Get Report the world's biggest home improvement retailer is set to buy HD Supply, which distributes tools and products to the maintenance and construction sector, at around $8 billion including group debt.</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Cramer said it was a great acquisition for Home Depot. "They needed this business because of its maintenance and repair operations and it involves ten of thousands of clients. Once a troubled company HD has the firepower now and this is a very smart move." </span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Stocks to Hold This Winter</span></p><p><span style="font-size: large;">Among stocks to hold this winter, Cramer said to hold Disney  (DIS) - Get Report, and Facebook  (FB) - Get Report and buy Alphabet  (GOOGL) - Get Reportthis week.</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">"Disney has got an upcoming analyst meeting. Till the Pfizer news, I would have taken profits in it but now you can't. Disney will have to have a theme park story on the barbell with Disney + to carry them over. Disney knows how to tell a story better than almost any company in the world."</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Google parent Alphabet will have a great quarter. "Alphabet is all about Youtube and ads particularly, travel ads. That's where they have really been hurt.  Google is the cheapest stock in the FAANG. I'd buy a fraction of those shares."</span></p><p><br /></p><p><span style="font-size: large;">Markets Monday</span></p><p><span style="font-size: large;">Moderna said Monday that its developing coronavirus vaccine candidate surpassed the efficacy rate of Pfizer Inc.'s. Moderna said its vaccine hit a 94.5% efficacy rate, topping the 90% threshold reported by Pfizer last week</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Cramer said distribution is the unrealistic aspect of the upcoming Covid-19 vaccines by Moderna  (MRNA) - Get Report and Pfizer  (PFE) - Get Report because we are not hearing anything about it. "We know there is a transition issue. Once again the government is behind the private sector which is doing a much better job."</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Regarding stocks Cramer said there was too much negativity about some stocks that have lots to do with going out and with commerce versus UPS which is involved with the distribution of the vaccine and e-commerce. "I don't necessarily think that this is going to be a non-Amazon Christmas given that no one is going to get these vaccines anywhere near the time that people think they are going to."</span></p><p><span style="font-size: large;"><br /></span></p><p><span style="font-size: large;">Disney, Facebook and Google are key holdings in Jim Cramer's Action Alerts PLUS charitable trust. Want to be alerted before Jim Cramer buys or sells any stock? Learn more from Cramer and his membership team now.</span></p>

Stock Market Today With Jim Cramer: Hold Disney and Facebook

 Stock Market Today With Jim Cramer: Hold Disney and Facebook Stocks jumped Monday after Moderna said its coronavirus vaccine candidate was ...

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