Having a baby and thinking about which stocks to sock away for the little one? Well then, you're in luck, because TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio, has got your back.
Right off the bat, Cramer is sticking with Disney (DIS) - Get Report . Even though the stock has been hit due to worries over its weak ESPN subscriber data, it's a tried and true blue-chip name that all kids love at some point.
How will they access those apps? That's right, smartphones. And it's likely that it's still going to be Verizon (VZ) - Get Report , AT&T (T) - Get Report and perhaps T-Mobile (TMUS) - Get Report that will be supplying that service, Cramer said.
Given that it will be nearly two decades before a newborn becomes an adult, these stocks will have plenty of time to continue building their businesses.
At the time of publication, Cramer's Action Alerts PLUS had a long position in FB.