TheStreet
Published on 20 Jun 2016
Disney's
latest Pixar film 'Finding Dory' was a hit in its debut weekend as
expected but TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer
says 'it won't be enough to move the needle.' It's driven by the
'skinny bundle' or pared down cable package and ESPN. There will
continue to be an ongoing tug-o'-war between the belief that Disney's
hit films will be enough to overshadow a decline in ESPN viewers
impacted by the skinny bundle. Cramer says Disney is a great long term
buy though it's stuck in a trading range between $93 and $100.