We recently published Jim Cramer’s Fresh 14 Stocks & Thoughts About Market Performance. Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the stocks Jim Cramer recently discussed.
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a media and entertainment firm known primarily for its film production business. Its shares have somewhat struggled this year as investors have fretted about retaliatory tariffs against American films by other countries. Recently, Warner Bros. Discovery, Inc. (NASDAQ:WBD) announced that it will split into two companies to separate its news and entertainment businesses. The shares have gained 31.9% since May, and Cramer commented on the recent stock performance:
“[On the comeback] How about Zas huh! I know [the Superman buzz is real] I talked to Zas this morning, everybody in the business knows that it works for Zas, Zaslov, because people know that he is. . .everybody knows he’s one of the most convivial, kind guys. Why am I emphasizing whose nice and who’s not? Because the companies that have executives these days who are supposed be cordial, and outgoing and terrific like a Jassy. They’re being cut slack. We’re just in some era that maybe it’s defined by Chuck Robbins. Who I think is the ultimate gentleman. We see this again and again. We see a discourse that is opposite of the White House.”
A movie theater auditorium filled with an audience enjoying a blockbuster film.
Previously, he shared that he was impressed by Warner Bros. Discovery, Inc. (NASDAQ:WBD)’s film business:
“They have a deal with Disney. Look I happen to think the company’s worth more than it’s selling for because I love the studio. Studio business is a great business.
“No I mean they they still have a lot of characters they don’t seem to, doesn’t seem to create the value that I keep thinking.”
While we acknowledge the potential of WBD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.