Finally, when asked about the company's use of cash, Iger explained that Disney uses 60% of its capital on growth, 20% on acquisitions and the remaining 20% on dividends and stock buyback programs. There are no plans to hoard cash, he noted, saying that there aren't any acquisitions on the size of Marvel or Lucasfilm in the foreseeable future.
Cramer said that Disney remains, as always, a terrific investment.
Executive Decision: Martin RichenhagenIn his second "Executive Decision" segment, Cramer sat down with Martin Richenhagen, president and CEO of Agco (AGCO), the agricultural equipment maker that's at a 52-week high despite overall weakness in the agriculture sector. Shares of Agco are up 11% since Cramer last spoke with Richenhagen in mid-July. Richenhagen said Agco's success stems from the many investments it has made over the past 10 years. He said international markets continue to be one of the bright spots for the company, and quipped that his non-American status and German heritage does give him a slight advantage in Europe, which continues to recover. But even outside of Europe, Richenhagen noted that sales are strong in South America, which is due, in part, to Agco building local factories in that region. When asked about sales here in the U.S., Richenhagen said Agco is competing head-to-head with Deere & Company (DE) by reducing the number of its dealers and sticking with a high-quality, exclusive approach toward its brand. Cramer said that while he dislikes the entire agriculture sector at the moment, he's willing to make an exception for Agco, which has been rallying in the face of the decline.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer said there was a lot on the line for stocks during last week's trading, and perhaps there still is. Cramer said it's clear now that the Federal Reserve's decision was the right one, as a continued spike in interest rates would've crippled the home builders and made it extremely difficult for other dividend stocks like real estate investment trusts and master limited partnerships to avoid huge price declines. With Europe improving and U.S. debt still on shaky ground, it's easy to fore foreign money leaving our markets in the near future. The Fed can't keep buying bonds forever, Cramer concluded, which is why the antics of Washington will continue to matter a great deal in the coming weeks. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV