Cramer picks favorite down-and-out stock for 2023 and calls a bottom on another name

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Cramer picks favorite down-and-out stock for 2023 and calls a bottom on another name
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Investing Club: Cramer picks favorite down-and-out stock for 2023 and calls a bottom on another name

There are two stocks in our portfolio that are in rough shape. But Jim Cramer said during the Club's December "Monthly Meeting" on Thursday that he has hope for both of them. Disney , Jim said, might just be his favorite down-and-out stock for 2023. But let's connect the dots on how he got there. He said he tried to work with recently-ousted CEO Bob Chapek , and even tried to understand his vision for the company.

Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019.There are two stocks in our portfolio that are in rough shape. But Jim Cramer said during the Club's December "Monthly Meeting" on Thursday that he has hope for both of them.

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