'When I look at the top five best performers in the Dow and the S&P, I see a good group of stocks, most of which have more room to run,' Jim Cramer says.
's stock jumped nearly 27% in the first half, powered by its recently announced plans to roll out streaming services that CEO Bob Iger has said will pay off in 2024. Cramer said it's "one of the most unbelievable moves I've ever seen in my career."
"Disney has terrific programming, which is why I'm betting Disney+ will start breaking even, earlier. Maybe in 2022, maybe turn a profit in 2023. If you're willing to focus on those out years, then this remains a fantastic story. But near-term, patience is required," Cramer said.is up 26% in the fist six months of 2019.
"I think it's got more room to run. Don't forget, Robbins saw the last round of tariffs coming and skedaddled out of China ahead of time. No estimate cuts there," he said. "If the new trade détente holds, maybe that doesn't matter, but if this deal goes off the rails ... Cisco will be fine."
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