Jim Cramer Comments On Controversy Surrounding The Walt Disney Company (DIS)

We recently published 12 Hot, Cold & Stable Stocks Jim Cramer Recently Discussed. The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently discussed.

The Walt Disney Company (NYSE:DIS) is a frequent feature of Cramer’s morning show. The firm’s shares have gained 2% year-to-date, and in his previous appearances, Cramer has discussed its streaming business and CEO Bob Iger. Cramer has also praised The Walt Disney Company (NYSE:DIS)’s CEO, Hugh Johnston, and added that the firm stands to benefit from its NFL deal. During this appearance, the CNBC TV host discussed the recent controversy surrounding The Walt Disney Company (NYSE:DIS) suspending popular television host Jimmy Kimmel. Cramer discussed the impact on the firm’s share price and its business, and shared that he owned the stock for his charitable trust:

“Stock going down, I know that’s a limited way to look at it. [On how Kimmel’s impact on Disney was non-minimal from an economic point of view] That’s why I’m saying, what can I offer? The stock, we own it for the charitable trust [inaudible] one ten, you gotta buy it, cause it’s not as important. Now. look if the President says the ratings are bad, I don’t know. I don’t know anymore. I just thought, listening to what David said, get out ahead of the ratings and think about the entire. . .”

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