What Happened After Jim Cramer Talked About These 13 Stocks

4. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 108

A caller looking for a reason to invest in The Walt Disney Company (NYSE:DIS) sparked a humorous yet critical response from Cramer. Back then, he was bearish on Disney, particularly after activist investor Nelson Peltz failed to join the board which Cramer believed would have brought much-needed operational discipline. Here’s what he replied with:

“Disney just has been a one-way trip to the danger zone since Nelson Peltz was no longer involved. The stock goes down pretty much every day. I managed to sell a lot when Nelson didn’t get on because I felt that if Nelson got in that boardroom, we would have a shake-up and some discipline. I’ve been proven right. But I will give you this. I’d love to go to Disneyland. I’d love to go to Disney World. But my kids don’t want to go with me and I think it’d be really creepy if I went by myself.”

Jim Cramer’s call was pretty good. The stock has fallen by 23.23% since that episode.

The Walt Disney Company (NYSE:DIS) was mentioned by Cramer again recently, where he explained how it was facing some risks in the current environment. Here’s what he said on April 7^th:

“I mean, look, my charitable trust owns Disney. I was looking great. And now I feel like, well, wait a second, if it’s a big family and they have to pay $20,000 for five days, well, they are going to cancel. And the airlines are demonstrable about that. But I don’t I still think when you’re talking to people at home, do they sell Disney at $81? You know what? Right now, Disney could go to $70. I don’t know. But what happens if it goes to $90 two years from now and you sold it at $80 and you never got back in? There is a cost to not being able to get back in.”