Jim Cramer Talked About These 11 Stocks Recently

6. The Walt Disney Company (NYSE:DIS)

Highlighting The Walt Disney Company (NYSE:DIS) stock gain, Cramer mentioned that the market gravitates toward companies with a growing subscriber base.

“[The] second group that’s getting maybe too much love: This market is nuts for subscription products. They all have huge recurring revenue streams and membership dues, and their stocks are huge winners. All these are benefiting from endless positive research calls, they just appear each morning as if by magic… Today, Disney got a boost after it reported a good quarter with some profitable growth in streaming properties. Hmm, no wonder its stock’s soared more than $6 or 6.2%. They can’t resist positive subscription data of any sort.”

Disney (NYSE:DIS), a global leader in entertainment, continues to extend its influence across multiple sectors, with a particular focus on its streaming business. For the fourth quarter of fiscal 2024, the company saw notable progress in its Entertainment DTC segment, which includes platforms like Disney+ and Hulu. This division reported an operating profit of $253 million, exceeding Wall Street expectations. Perhaps more significant is its projection that the Entertainment DTC will see its profitability more than triple to $875 million in 2025.

The success of Disney’s (NYSE:DIS) streaming operations helped offset a decline in its traditional linear networks business. In the quarter, the company’s combined DTC streaming businesses reached an operating profit of $321 million, marking a substantial improvement from earlier periods. Its streaming services showed strong momentum, with a 15% increase in DTC revenue driven by subscriber growth and higher advertising revenue. New Disney+ Core subscribers added in the quarter were 4.4 million to reach a total of 122.7 million.