Cramer's 'Mad Money' Recap: Mouse of Pleasure

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It is time to buy Disney (DIS Quote), which has gone down since it reported "beautiful earnings" last week, Jim Cramer told viewers of his "Mad Money" TV show Friday.

Looking at Disney after its quarter, people might wonder what it did to "screw up," Cramer said. But in fact, the stock didn't go down because Disney "dropped the ball," he said.

People sold stock because the Street raised the bar and expectations right before Disney reported. As a result, the company looked bad even though it didn't do anything necessarily wrong, Cramer explained.

In reality, Disney's theme parks, prime-time TV and resorts seem to be doing just fine, he said. Even though Cramer said he likes Six Flags (SIX Quote), he believes that Disney is doing well, too.

Not only did Disney's Pirates of the Caribbean movie bring in $1 billion, but also the company is selling hundreds of thousands of its TV shows on iTunes without hurting its TV network, he continued.

People should think of this drop in Disney as a buying opportunity, Cramer said. "Monday morning I would be a buyer."

On another note, Cramer said the NYMEX (NMX Quote) might have gotten more expensive than he likes, but he still believes it makes sense to buy the stock.

He said if he wanted to buy 500 shares, he would purchase 125 shares now. However, if he had to pick between buying NYMEX and the New York Stock Exchange (NYX Quote), Cramer said he would buy the NYSE rather than the NYMEX up in the $130s and $140s.