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Why Pete Najarian Is Bullish On Delta, Datadog And Disney

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Why Pete Najarian Is Bullish On Delta, Datadog And Disney

Pete Najarian discussed Tuesday of CNBC's "Halftime Report" his bullish thoughts on Delta Air Lines, Inc. (NYSE: DAL), Datadog, Inc. (NASDAQ: DDOG) and Walt Disney Co (NYSE: DIS).

On Delta: Najarian says Delta is more of trade and not so much an investment. He believes Delta will have a significant spike sometime in the near future once more people feel more comfortable traveling.

On Datadog: Najarian believes this cloud monitoring service can continue to work higher based on what they do and who they're going after. He believes there's a lot of money that can be made in this industry.

On Disney: Najarian likes Disney because the company was able to launch a streaming service just in time before the pandemic to compete with competitors like Netflix

He mentioned the significant drop at the beginning of the pandemic and the ability to rebound the way the company did should prove the company still has room to grow.

Disney shares dropped approximately 40% from $140 to $85 per share due to the pandemic and have rebounded approximately 52% to $130 per share since that low in March.

 

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