The Walt Disney Company (DIS)’s “Got A Good Cruise Business,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About As He Said Everyone Won From Trump’s Japan Deal. The Walt Disney Company (NYSE:DIS) is one of the stocks Jim Cramer recently discussed.

The Walt Disney Company (NYSE:DIS) often makes an appearance on Cramer’s morning show. During several of the appearances, he has discussed the firm’s streaming business turnaround. Cramer has also often remarked on an under-discussed aspect of The Walt Disney Company (NYSE:DIS), i.e., the firm’s cruise ship business. The CNBC host believes that cruise ships could become a genuine secular growth line for the firm. However, he also holds the opinion that The Walt Disney Company (NYSE:DIS) still depends on its Disney Plus subscription numbers to see more love from the stock market. This time, he mentioned the cruise business once again:

“But then again, I mean cruising is a very inexpensive way to go. It still isn’t impacting Disney. Disney’s got a good cruise business. It does.

Here’s what Cramer said earlier about The Walt Disney Company (NYSE:DIS)’s valuation:

“[On higher targets for Disney over last couple of weeks] Yes and it’s not working. My trust owns this. We’ve got several including comments about how linear TV’s not down [inaudible] and the stock doesn’t move. And I think the stock doesn’t move because people [inaudible] it’s a showman stock. People want to see Plus numbers and see that they’re really is a breakout. Because there’s been so much distrust about anything that’s involved with linear. No one seems to get their way until they see the numbers. I think the numbers are gonna come through and the stock is going to look cheap. I’m a believer.”

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