Walt Disney Co's DIS stock has struggled to trade above the $100 per share mark for the most of the past year. Investor concern that Disney's largest segment, ESPN, will see continued declines in its subscribers doesn't appear to be going away as the trend of "cord-cutting" appears to be picking up momentum.
Jim Cramer isn't concerned. In fact, he said during Friday's "Mad Money" that investors who take a long-term view of the stock won't even notice the "ESPN potholes."
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Cramer acknowledged that investors who are looking to trade Disney's stock - rather than buying and sitting on it for years - could "end up trading this thing right into the poor house." He added that Disney's stock is currently showing a correlation with ESPN fears, but eventually ESPN's slowdown will no longer impact Disney's stock.
Cramer also offered financial advice to parents looking to teach their children to "become fluent in the language of finance." With that said, he recommended buying children stocks in high-quality companies that actually resonate with younger people.
One such example of a company is Disney whose blockbuster films including "Frozen" and "Star Wars" are favorites among children and adults alike.
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