We recently published 16 Latest Stocks on Jim Cramer’s Radar. The Walt Disney Company (NYSE:DIS) is one of the stocks on Jim Cramer’s radar.
Cramer discussed The Walt Disney Company (NYSE:DIS) in the context of the sluggishness in linear television and the firm’s latest earnings call. Not only does he believe that linear is phasing out, but he added that management should have been more aware of the problems during the earnings call:
“[On holding 104 yesterday and issues regarding cruise lines] But it’s linear, I mean linear, oh god, I spend a lot of time on linear, and it’s just so radio and so evening newspaper, it’s just, look there’s nothing wrong with people who got in linear. But it happened. Linear moved, things, the younger people moved from linear. And the younger people, like you can’t, they don’t say, hey you know what, it’s time to get serious about linear. They just don’t do it.
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Disclosure: None. This article is originally published at Insider Monkey.
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