Jim Cramer disputes Citigroup's Disney analysis

by Leah Zanolla
Feb 4, 2008

Financial guru Jim Cramer disputes Citigroups recent downgrade of Disney's future earnings.

Calling it a 'miscarriage of justice' Cramer cites Citigroup's focus on Disney's theme parks which only account for 22% of the company's earnings.

In his statement, Cramer noted "Citi only talks about DIS's theme park business. Nothing about their cable properties, broadcasting, DVD sales or film... How could he not mention ESPN?"

The Mad Money pundit further states "I happen to believe it is the right time to buy DIS for the next 12 days, let alone the 12 months... let alone the 12 years."

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• Last Updated: Feb 8, 2012 - 9:40:38 AM