Jim Cramer Highlights Walt Disney’s Pricing Power

The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently commented on. Cramer mentioned the stock during the episode and remarked:

“I know Disney has powerful pricing power as its parks are full, but Wall Street doesn’t trust that their pricing can hold up either.”

Pixabay/Public Domain

The Walt Disney Company (NYSE:DIS) creates and distributes film, television, and streaming content and also operates theme parks, resorts, and live entertainment. In addition, the company licenses its intellectual property and sells branded merchandise. A caller asked for Cramer’s advice on whether they should sell their position during the October 28 episode, and Cramer responded:

“No, I said the same thing to Jeff Marks. You know, Jeff runs the Charitable Trust with me, and I was fed up. I just said, how long? How long? But the fact is there’s value there and someone’s going to bring out the value, and when it happens, I gotta be in Disney. I can’t just say, you know what, I am bored with the stock of Walt Disney Company. There’s value. I’m sticking with it.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.