Was Jim Cramer Right About These 23 Stocks?

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15. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 108

The Walt Disney Company (NYSE:DIS) is one of the world’s largest media and entertainment companies, operating iconic brands like Disney, Pixar, Marvel, and ESPN. During that episode, Cramer discussed Disney amid a heated proxy battle with activist Nelson Peltz at the time:

“Finally roaring because the board of directors wants to fight off Nelson Peltz. They do not want that famous activist investor in their boardroom. Nothing concentrates the mind like a good old-fashioned proxy fight.”

The Walt Disney Company (NYSE:DIS) has declined by 16.13% since being discussed during that episode.

Cramer appeared skeptical on Disney during a more recent program on the 11th of March:

“Do you give up on Disney here? I don’t know, I think you know really cause travel’s bad for a couple of weeks. I think that Disney is more oil and gas related than it is. . .but I see the stock going down.”

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