Cramer's 'Mad Money' Recap: July 24

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"On days like today, you need to look for the positives," Jim Cramer told viewers of his "Mad Money" TV show Thursday.

He said that today's market decline was primarily due to profit taking in the financial sector, but reminded viewers that there's always something positive you can find on down days.

Despite a 283-point drop in the Dow, $300 billion is going to the Federal Housing Administration to help bail out struggling homeowners and more importantly gas prices continue to fall and fall hard, he said. That's why he's looking for stocks that will benefit from falling fuel prices.

According to Cramer, that stock is Walt Disney (DIS Quote). Despite being beaten up by the market and analysts over fears of rising airfares, Disney stock has positives if one delves deep into its business, he said.

While Cramer agreed that airfares are rising, he noted a recent study which stated that auto traffic to Disney World has been steadily increasing, not decreasing. "The analysts are only counting airplanes," he said.

In addition, room rates around Disney World have been falling, with 75% of rooms now being classified as moderate to value in price. Furthermore, Cramer said the weak U.S. dollar makes travelling to Disney World cheaper for the rest of the world.

Cramer also likes Disney's other businesses such as ESPN, a premium cable property that he said is doing exceptionally well. He called analysts "way behind the curve" in their estimates for the stock.

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