Shares of Disney (DIS) - Get Report have dropped over 8% this year as concerns about the company's ESPN business have proven stronger than the lift it is getting from Star Wars. Christopher Baggini, portfolio manager of the Turner Titan Long/Short Fund (TSPCX) , said don't count out the Mouse House -- the proverbial Force is still with it.
"The company has more products than just ESPN," said Baggini. "Obviously Star Wars was a much bigger hit than expected going into the holiday season, but there is more after Star Wars. There's more after Marvel. The theatrical releases they have coming up in 2016 and 2017 are terrific."
The Turner Titan Long/Short Fund is down 5.3% thus far in 2016. The $41 million fund has returned an average of 1.6% annually over the past three years, outpacing 91% of its peers in Morningstar's market-neutral category.
Baggini is also bullish on Electronic Arts (EA) - Get Report , which is down 8% so far this year. He said the video game publisher will benefit from an impressive slate of new products coming out this year in what is traditionally a recession-resistant area of the consumer market.
"If we have a slowdown in the overall marketplace, gaming sales have notoriously been non-cyclical," said Baggini, adding that expectations are also "too low" for the company this calendar year.
Alphabet (GOOGL) - Get Report , which is down 6.5% thus far in 2016, is another one of Baggini's top choices. He said the search giant should be reaping huge dividends from its YouTube division this year. He also lauded last year's addition of Ruth Porat as chief financial officer.
"She has really changed things dramatically there," said Baggini. "We see margin expansion in a company that has traditionally spent away its whole upside. And we see that coming back to shareholders."
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Finally, shares of Southwest Airlines (LUV) - Get Report have dropped 14% in the past three months, far underperforming the rest of the airline sector. Nevertheless, Baggini is positive on the airline primarily because of its domestic focus and "tremendous" balance sheet.