Skip to main content

Jim Cramer's 'Stop Trading!': Buy Discovery

The cable channel faces bullish prospects going forward, Cramer says.

Buy Discovery Holding (DISCA) - Get Warner Bros Discovery Inc Com Ser A Report as an earnings play, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday.

"Niche, high-end cable is making money," Cramer said. He pointed out that he featured the stock on "Mad Money" for Green Week. He called Discovery a "niche business," that is "very difficult to understand." He said he liked that the company's advertising revenue has held up nicely.

Cramer was less bullish on


(CBS) - Get CBS Corporation Class B Report

. He said that the company's radio segment is "in just some sort of spiral downward." He said the company might do well to buy a cable channel. "Dividend boosts have not worked," he said. "We want to see growth. ... CBS feels like a wasting asset to me."

Cramer took a moment to discuss a

New York Times

piece on

World Wrestling Entertainment

(WWE) - Get World Wrestling Entertainment Inc. Class A Report

. Cramer said the piece claimed the McMahon family, which controls the company, offered a dividend boost to themselves. He said the assertion was incorrect, and pointed out that WWE is another example of "niched cable that is making so much money."

Scroll to Continue

TheStreet Recommends

In food, Cramer praised


(TSN) - Get Tyson Foods Inc. Report

for yesterday's conference call. He urged viewers to read the company's comments about ethanol policy, which are "right from the heart," he said. "It's a remarkable conference call. ... The truth is so stark on ethanol."

At the time of publication, Cramer was long Discovery Holding.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from