Jim Cramer says patience in Wynn Resorts will be rewarded after surprise post-earnings drop

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. The major U.S. stock indexes were mixed Wednesday, as the Dow Jones Industrial Average tries to extend its five-day winning streak. Jim Cramer said the blue-chip Dow may be able to hold up in the face of a weaker U.S.

But, he contended, the analysts who raised their price targets after earnings will "ultimately be right. That doesn't mean they're going to be right today." Walt Disney stock edged higher Wednesday, trying to recoup losses from the entertainment giant's overdone earnings sell-off Tuesday. Considering we sold stock twice last month at higher prices, we're interested in buying some of it back.

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