Video: Jim Cramer Reacts to Wall Street's Concerns About Disney
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer takes a long-term view on Disney and said the media giant will "figure it out."
Amid Jefferies analysts' cutting profit forecasts for Disney (DIS) - Get Report , TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer takes a long-term view and said the media giant will "figure it out."
Jefferies cites costs surrounding Disney's looming video streaming platform, which is an effort to compete with Netflix (NFLX) - Get Report and Amazon (AMZN) - Get Report .
Watch all of Jim Cramer's latest videos, right here:
- Jim Cramer Reveals Why Nvidia Can't Break Through $180 a Share
- Video: Jim Cramer Reacts to the September Jobs Report
- Kraft Heinz's Upgrade by Piper Is 'Worrisome,' Jim Cramer Warns
- Watch: Jim Cramer Reveals His Outlook for Eli Lilly and Bristol Myers
