Jim Cramer: Pay Close Attention to Disney's Conference Call

Jim Cramer said shares of Disney (DIS) - Get Report always seem to trade off of what the company says on its quarterly earnings calls. Cramer said, "If Disney can tell a narrative about ESPN and how people watch other than TV, it can go higher ... This company is uniquely levered to the conference call. Don't take action until you listen to what [Disney CEO] Bob Iger has to say."