Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were in the red Wednesday, led to the downside by the Nasdaq Composite. The tech-heavy index was weighed down by Nvidia slipping 2% ahead of its earnings after the bell. Investors are anxiously awaiting an update on its next-generation Blackwell AI chips and whether reports of overheating issues could delay the revenue ramp up . Jim Cramer reiterated his belief that the big-picture rollout of Blackwell is fine. Elsewhere, investors were also spooked by disappointing results from Target . The retailer missed on sales and earnings expectations, which led to the stock tanking 21% Wednesday. Jim said the “fractured” retail industry is “bubbling up into three winners”: Club holdings Amazon and Costco , with Walmart rounding out the group. 2. Jim Cramer said he sees “a great opportunity” to buy Crowdstrike as shares fall nearly 2% Wednesday. While we’re currently restricted from trading the stock, we did add to our CrowdStrike position Tuesday as the market slumped in morning trading on geopolitical concerns. Wednesday’s pullback only makes CrowdStrike look more attractive with potential cyber threats on the rise. Fellow Club cybersecurity company Palo Alto Networks is set to report after the bell Wednesday, providing investors a much-needed update on its platformization strategy and its impact on deal size. 3. Jim has a message for investors: Don’t sleep on the growth potential of Disney ‘s cruise ship business. He said that after attending an event to celebrate the launch of its new vessel , the Disney Treasure, he has gained a greater appreciation for its future. “I’m overwhelmed by the IP, and the idea that they can just leverage their intellectual property to do anything,” Jim said. “They’re going to have a big fleet of ships. It’s going to end up being like a theme park in terms of where they are in, maybe, five years.” He argued that investors should start viewing cruises “as a true leg” of the Disney stool, alongside traditional theme parks and movies. Jim’s comments Wednesday underscore our belief that the current challenges for Disney’s experiences business, namely cautious consumers and recent weather challenges, are temporary. The stock soared after earnings last week. 4. Stocks covered in Wednesday’s rapid fire at the end of the video were: Target , Williams-Sonoma , JPMorgan , Chewy , and Delta Air Lines . (Jim Cramer’s Charitable Trust is long NVDA, AMZN, COST, CRWD, PANW, DIS. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.