While stocks continue to hit new high after new high, investors will be watching stocks like Walt Disney Co (DIS) - Get Walt Disney Company Report or Cimarex Energy Co (XEC) - Get Cimarex Energy Co. Report , which report earnings on Tuesday and Wednesday, respectively.

"I'm very concerned about Disney," TheStreet's founder Jim Cramer, who also manages the Action Alerts PLUS charitable trust portfolio, said Monday from the floor of the New York Stock Exchange. 

Cimarex is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells XEC? Learn more now.

Cramer's concern isn't necessarily Disney-specific -- it's in a much better position than Viacom, Inc. (VIA) - Get Viacom Inc. Class A Report (VIAB) - Get Viacom Inc. Class B Report , DiscoveryCommunications Inc. (DISCA) - Get Discovery, Inc. Class A Report or Scripps Network Interactive, Inc. (SNI) . He reasoned that it just feels like there's a conspiracy between cable companies and Millennials. Unless it's being produced by Netflix, Inc. (NFLX) - Get Netflix, Inc. (NFLX) Report , there seems to be a struggle, he added.

  • TheStreet's recent pieces by Buster Coen are must-read regarding movie theaters and recent media-monster-mergers.

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As for Cimarex, Cramer said he "expects nothing" from the oil stocks. The Permian stocks aren't trading well and the energy sector is struggling as crude oil prices fail to eclipse the $50 per barrel mark.

"We're not telling people to buy these," he said of the oil stocks. While the Action Alerts PLUS charitable trust portfolio, has several oil-stock positions, Cramer said the club is not recommending investors take new positions in the sector. There are certain reasons to like specific stocks, but investors will need to sign up to find out Cramer's reasoning. 

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At the time of publication, Cramer's Action Alerts PLUS had a position in XEC.