Jim Cramer Discussed These 15 Stocks Recently

11. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 111

The Walt Disney Company (NYSE:DIS) is another company that Jim Cramer loves and during the episode, the host expressed his disbelief over the market’s reaction to its latest earnings report and praised the company’s latest numbers:

“Disney reported what I thought was a fantastic quarter on February 5th, yet the stock sold off nearly 2.5% the same day. I figured investors would snap this one up. Buy the dip! But here we are, two weeks later, and the stock still hasn’t recovered. It’s crazy. […]  Just look at the turnaround in their direct-to-consumer business, mostly Disney+. It used to be a money pit, constantly burning cash. But last quarter, it generated $293 million in operating income, way ahead of what Wall Street was expecting. That’s profitable growth, and it counts.”

Ultimately, Jim Cramer sees Disney’s recent pullback as a clear buying opportunity:

“I’m sticking with my guns. That this was an excellent quarter for Disney and the weakness in the stock since the quarter is indeed a clear buying opportunity, especially if you don’t already have a position in this one.”