Disney's earnings sell-off opens the door to buy back stock we sold higher

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Palo Alto Networks Inc,NASDAQ Composite,Dow Jones Industrial Average

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

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 Tuesday's key moments. U.S. stocks were mixed Tuesday after a solid rally Monday, which extended Wall Street's post-jobs report rally. The S & P 500 and blue-chip Dow were higher, while the Nasdaq Composite was flat. Government bond yields trended lower.

Barclays analysts on Tuesday issued an upbeat call on Palo Alto Networks , contending the cybersecurity company's earnings report later this month may "start the process of rebuilding confidence" with investors. That trust had been shaken by Palo Alto's brutal report in February, which caused a steep sell-off in the stock. We've bought twice since then, first in late February at about $299 per share and, most recently, on April 8 at roughly $268 per share.

 

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