Mad Money Mailbag: Disney Dish

Also, wait for a pullback on red-hot Pike Electric.
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Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.

Pike Electric (PKE) - Get Report, your stock of the week, is already up around $20 a share. Is it too late to buy the stock?-- Don from Arkansas

James J. Cramer

: If you missed picking up Pike when I recommended it at $17.75, then I believe viewers should wait for a pullback to under $19 before buying it. Don't ever chase a stock just because you feel like you "missed" it. This is exactly why I tell folks not to use market orders when buying a stock at the open.

My grandmother gave me Disney (DIS) - Get Report stock several years ago. Should I hold onto it?Lauren from Texas

James J. Cramer

: This is a tough call. If you don't need the money now, then Disney represents a solid long-term value. That said, it's difficult to be too positive about a company that is dependent on consumers when higher energy prices are spreading across the entire economy. With that in mind, Disney could definitely struggle over the next quarter or two.

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