The Walt Disney Company (DIS): “The Stock Can Go Much Higher,” Says Jim Cramer

We recently published a list of Jim Cramer Finds Elon Musk’s Grok AI Creepy & Discusses These 12 Stocks. In this article, we are going to take a look at where The Walt Disney Company (NYSE:DIS) stands against other stocks that Jim Cramer discussed.

The Walt Disney Company (NYSE:DIS) is one of the biggest legacy media companies in America. It is also one of Cramer’s top stocks in the traditional media sector. While the CNBC host regularly fawns over Netflix and believes it is the top streaming stock in the world, he also holds the opinion that The Walt Disney Company (NYSE:DIS) is turning its ship around. In his previous comments about the firm, Cramer has advised viewers to buy the shares and expressed optimism about its theme parks. Here are his recent thoughts about The Walt Disney Company (NYSE:DIS):

“I’ve been hoping that Disney had a hit, this Lelo & Stitch is a hit. And I’ve got to tell you, this is again, a change in Disney. The movies have a family feel, not political. It’s returned to the roots, and I think it’s a big winner and that Disney’s still undervalued.

“Let’s also be sure that there was a different CEO who seemed to go along with some things, didn’t know if he wanted them, that were considered to be, uh, let’s say divisive. And there’s nothing divisive about what they’re doing now. The stock can go much higher, my charitable trust owns it. I talked last Wednesday at my club meeting, saying look you can buy this one. I feel very, very good about it.”

In his earlier remarks, Cramer discussed The Walt Disney Company (NYSE:DIS)’s parks and its movie business:

“Look, these things occur every day around here. Think about what happened to the stock of Disney in the last few months… A month ago, it was at $82…. People were buzzing about how the theme parks are too expensive. The sports entertainment’s too expensive. The movies are either too woke or not woke enough, depending on who you ask. You never heard anyone say, did it got the right amount? Now, one month later, Disney’s at $112 pretty much in a straight line.

The company reported a terrific quarter. Turns out people are willing to pay top dollar for the theme parks. The sports deals are making plenty of money. And I guess the movies, well, let’s say they hit the Goldilocks level, not too much, not too little. Same company, just written off by the pessimists, the ones who gave up on all that excellent expertise and intellectual property, think of the money that they didn’t make.”

Overall, DIS ranks 2nd on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of DIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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