NEW YORK (TheStreet) -- Jim Cramer answered viewers' Twitter (TWTR) - Get Report questions from the floor of the New York Stock Exchange about Disney (DIS) - Get Report , Under Armour (UA) - Get Report , Ambarella (AMBA) - Get Report and Bank of America (BAC) - Get Report .
On Disney, Cramer said the company has a lot of firepower and a lot of cash, but there are worries about ESPN. Cramer expects the stock will be rangebound until the company can show that its new Shanghai Disney theme park and upcoming Star Wars attractions can move the needle. Cramer said he likes the stock below $100 a share.
Another viewer asked whether Under Armour is a long term buy. Cramer responded that it's a stock he likes, but it's one of the high-flying stocks the market recently turned against. He put Nike (NKE) - Get Report in that same category. Cramer said Under Armour could fall further.
"When the market's looking great, they are the ones to own," said Cramer. "When the market's not looking great they are the ones to sell. You make the judgement about how the market looks."
Another viewer asked when there would be news about stock buybacks at Bank of America. Cramer said the company remains under the jurisdiction of the Fed, but he can say Bank of America shares are very inexpensive.
Finally, a viewer asked Cramer why he sees more downside ahead for stocks. Cramer made comparisons to 2011, when there was systemic overseas risk.
Cramer said in 2011 the market was down 17% peak to trough, which is why he sees more selling ahead.