Not the Most Magical Stock? Why Jim Cramer's Portfolio Sold Disney

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Jim Cramer has some picks that were not only pandemic winners but also long-term winners in his eyes. 

"If your company made a killing during the pandemic, it's become toxic in this market, even if sales are still through the roof. Case in point: Thor Industries (THO) - Get Report, which peaked at $146 a share in May, only to slide lower ever since. Shares now trade for less than $100. The same is true with boat maker Brunswick Corp. (BC) - Get Report, which peaked at $115 in May and has also fallen below $100," wrote TheStreet's Scott Rutt in his Mad Money recap. "Investors seem to think that this is the last great quarter for these companies and that demand will vaporize once travel and entertainment fully reopens. But nothing could be further from the truth as both companies have multiyear backlogs."

"The same pattern can be seen in companies from Campbell Soup (CPB) - Get Report to Take-Two Interactive (TTWO) - Get Report, but Cramer said the most frustrating is Walt Disney Co. (DIS) - Get Report. Disney soared last year on the success of Disney+, but now, the company has movies, theme parks and cruises to look forward to," he continued. "Cramer said he's still a fan of all of these stocks, along with Southwest Airlines (LUV) - Get Report, Delta Air Lines (DAL) - Get Report and Airbnb (ABNB) - Get Report."

Recap TheStreet Live Recap: Everything Jim Cramer Is Watching 6/22/21

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