Jim Cramer Discussed These 12 Stocks Amidst The DeepSeek AI Selloff

Page 5 of 11

7. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders In Q3 2024: 76

The Walt Disney Company (NYSE:DIS) is a global media and entertainment giant with a presence in the theme park, film, and television industries. It’s a regular feature of Cramer’s morning show, and the host is nothing but full of praise for the firm. Cramer believes that The Walt Disney Company (NYSE:DIS)’s management, led by Bob Iger, is executing a turnaround strategy well as evident through declining losses at its cable business and a profitable streaming business. Yet, The Walt Disney Company (NYSE:DIS)’s share rose during the DeepSeek selloff and closed the day 1.60% higher. Cramer was exasperated:

“Is Disney somehow a winner? I mean you see these things that are just up and you want to say, are you kidding?”

Page 5 of 11