We recently published a list of Was Jim Cramer Right About These 16 Stocks? In this article, we are going to take a look at where The Walt Disney Company (NYSE:DIS) stands against other stocks that Jim Cramer discussed 12 months ago during his show on March 18, 2024.
On the most recent episode of Mad Money, Jim Cramer advised his viewers against exiting the market entirely, despite the sharp sell-off. He also reminded viewers that, historically, the market has always found its bottom, and stocks can rebound over time. Cramer then addressed the idea of selling everything but he raised an important question saying:
“Sure you can get out, but can you get back in? Selling everything right now feels great. We know that President Trump is now hanging with the bears… As he himself said you can’t really watch the stock market, the stock market’s the problems of the rich, and they don’t matter as long as it, they can take a hit. And that’s a zeitgeist from the Walmart White House where Trump’s giving us everyday lower prices for stocks.”
Cramer then pointed out the disparity between President Trump’s approach and what long-term investors might believe is the right course of action. In the past, Cramer noted, figures like Trump and Federal Reserve Chairman Jerome Powell were seen as stabilizers, or “puts,” that would help cushion the market’s downward moves. However, no one seems to be talking about that kind of support lately. He added:
“People are capitulating because they want to get rid of the pain and they don’t want to lose the game… See, there’s just one problem. How do you get back in?”
Cramer also highlighted a common pitfall: many investors get scared off during market downturns and fail to seize the opportunity to buy strong companies at lower prices. He pointed out that this fear leads people to miss out on significant future gains, leaving them on the sidelines while others take advantage of lower stock prices and reap substantial rewards.
“It’s why you should be thinking of buying the great companies here, not selling them. To not get good merchandise as it starts being really cheap is a failure of imagination, to not have held them all the way could be a failure of recognition.”
Methodology
For this article, we compiled a list of 16 stocks that were discussed by Jim Cramer during the episode of Mad Money on March 18, 2024. We then calculated their performance from March 18th, 2024, market close to March 7th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Note: This article covers Jim Cramer’s commentary from March 18, 2024, and does not account for any changes in his opinions regarding the stocks mentioned. Therefore, the commentary should not be mistaken for his latest opinions on any of the stocks that are mentioned.
At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points. (see more details here).
The Walt Disney Company (NYSE:DIS)
Number of Hedge Fund Investors: 111
Cramer had mixed emotions about The Walt Disney Company (NYSE:DIS), admitting that he held on too long but he was still optimistic about the possibility of a future turnaround. Here’s what he said back then:
“I fell in love with Disney, and when you fall in love, your judgment goes boom. […] Disney’s ill-advised purchase of Fox should have made me cut and run. A broken balance sheet made it a broken stock for multiple years. I still believe Disney’s got a great set of franchises. The balance sheet’s been fixed because the company generates a ton of cash. […] Do I think Disney will come back? Yes. But that’s not the question, why did I buy it so bad?”
Ultimately, shares of Disney have fallen by 6.57% since those comments but nevertheless, Cramer remains hopeful for the stock. Here’s what he said on the 19th of February:
“You need someplace to go, don’t you? I keep hounding you to buy Disney stock because it’s doing so well, yet all people seem to care about is some weak link in the cable business, which I think is going to pick up sooner or later. Anyway, theme parks—yes, they are expensive, but that doesn’t seem to stop people from going.”
Overall, DIS ranks 14th on our list of stocks that Jim Cramer discussed 12 months ago. While we acknowledge the potential of DIS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DIS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.