We recently published 10 Stocks on Jim Cramer’s Radar. The Walt Disney Company (NYSE:DIS) is one of the stocks on Jim Cramer's radar.
The Walt Disney Company (NYSE:DIS)’s shares are up by a slight 2% year-to-date. The firm made quite a bit of a splash on December 11th after a Reuters report claimed that it was investing $1 billion into OpenAI. In mid-November, Goldman Sachs reiterated a Buy rating and a $152 price target for the firm. The bank outlined that it viewed the dip in The Walt Disney Company (NYSE:DIS)’s share price at the time as an opportunity to buy the stock. Goldman added that it held the opinion due to the firm reiterating double-digit earnings per share growth for its fiscal year 2026 and 2027. The Walt Disney Company (NYSE:DIS)’s shares had dipped by 7% after the firm’s fiscal fourth quarter earnings report. The firm reported $22.46 billion in revenue and $1.11 in adjusted earnings per share in the quarter, which presented a mixed picture. While The Walt Disney Company (NYSE:DIS)’s earnings beat the analyst estimates of $1.05, its revenue missed the estimates of $22.75 billion. Cramer discussed the firm after the earnings and called the share price movement an “overreaction.” Cramer added that the firm’s experiences business was one of its greatest assets, and in this appearance, he focused specifically on the cruise ship business:
“Disney’s got good cruises.”
While we acknowledge the potential of DIS 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.