Was Jim Cramer’s Call Right on These 10 Stocks?

9. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 108

The Walt Disney Company (NYSE:DIS), the global entertainment giant behind ESPN, Marvel, and Disney+, was discussed extensively in that older episode following CEO Bob Iger’s victory in the proxy battle against Nelson Peltz. Cramer also talked about the “big four” media companies and ranked them based on his analysis. He ranked Disney first initially, saying:

“The proxy fight at Disney came to an end yesterday with Disney fending off legendary activist investor Nelson Peltz’ bid for two board seats. […]

Disney’s been far in away the best performer finally doing something for my charitable trust. The stock’s up nearly 33% although down badly today after a brutal intraday reversal. […]

As I said in a special alert to CNBC investing club subscribers earlier today, even as we sold some Disney stock Monday because it had run so much, we wanted to trim even more this morning again when the stock was up nicely but we couldn’t because of our restrictions. Of course it doesn’t mean I’m restricted from telling you not to sell so I told you to sell. I’m still positive on the stock but a good bit less than I was 5 months ago.

I do want to swap Fox for Disney at the top of the rankings with Disney moving to second because it’s already run so much and the Peltz proxy fight is over.”

The Walt Disney Company (NYSE:DIS) has dropped 13.85% since Cramer covered it, supporting his sell call at the time but not justifying its ranking.

Nevertheless, Jim Cramer remains a fan of the stock. When asked on the 19^th of March by a caller, he was positive that Disney is still a buy:

“Oh, Disney. I love Disney, over $100, it’s, I’m still buy, buy, buy Disney.”