Jim Cramer: Buy Disney Shares for Your Kids
Jim Cramer is bullish on shares of Disney despite recent issues the company is having with ESPN.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is bullish on shares of Disney (DIS) - Get Report . 'I have only a long-term view on Disney,' Cramer said. 'I would tell people, if they think long-term, they will be able to go through this ESPN decline, which is a decline from a very high level.' Disney is struggling like a lot of companies amid the rise of cord cutting, according to Cramer. 'They still have a huge amount of people that pay them money,' Cramer said. Cramer is also focused on Disney's movie division over the long-term.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
