Jim Cramer hosted his Action Alerts Plus portfolio members-only phone call Thursday, Oct. 18.
Cramer covered his top 10 stocks. He kicked the call off with Amazon and its pillars and then moved on to Salesforce, which is a Cloud King.
Another one of his favorite portfolio stocks was Disney (DIS - Get Report) . Disney has made headlines most recently for three key pieces of news. One is the Disney streaming service, which was announced in 2017.
TheStreet's tech reporter, Annie Gaus, broke down the streaming service.
"Instead of Netflix, Disney's forthcoming service will serve as the exclusive home for some of its highly valuable properties, including the Star Wars franchise and the Marvel library," wrote Gaus. "And on Disney's last earnings call in May, CEO Bob Iger teased some more detail on the company's approach to digital content, saying that Fox's entertainment assets would boost Disney's forthcoming 'direct-to-consumer' (DTC) streaming service."
The other piece of big news for Disney is the deal to acquire Twenty-First Century Fox. The deal would merge the two television giants.
"Shifting back to Disney, shareholders of Twenty-First Century Fox, Inc. (FOXA) and the House of Mouse gave Rupert Murdoch and Bob Iger the go-ahead for their $71.3 billion film, television and distribution deal on Friday. Fox shareholders will hold 17% to 20% of Disney's equity following the deal," wrote TheDeal's Michael Brown in the ICYMI newsletter back in July. "They will also have shares in a spinoff that owns Fox News, Fox Business Network, FSI, FS2, TV stations and other assets. Disney shareholders will enjoy a larger cast of characters and movie franchises combining the Lucas Studios and Disney Animation with the 21st Century Fox television and film library that includes franchises such as "Planet of the Apes," "Avatar," "The Simpsons," and "Family Guy," among a host of others."
In the Oct. AAP call, Cramer said, "We love the media space and are hard-pressed to find a company with a better IP portfolio than Disney, which was only strengthened by the acquisition of 21st Century Fox."