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Everyone Needs to Give Their Kids a Share of Walt Disney: Cramer

August 1, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of Disney hit an all-time high on Wednesday after the company reported a blowout quarter, beating estimates across nearly every division. Jim Cramer says not only was it a fantastic quarter for the company, but looking ahead, he expects years of growth still to come. He cites the upcoming ‘Star Wars’ film, a couple of Pixar releases and a seven-minute Frozen film, in addition the opening of a new Shanghai theme park, which has been pushed until mid-2016. For investors who aren’t already involved in Disney, Cramer says they’ll still get a chance. He calls Disney episodic, explaining that investors will be given moments when the stock pulls back due to general market conditions — and they should take advantage of those opportunities.

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