In honor of Veterans Day, Jim Cramer wants to help investors find the kind of sleep-at-night stocks they can own without worry.
"Long-term stocks make sense for our brave men and women fighting overseas who don't have time to check their holdings constantly," said the "Mad Money" host.
Normally, Cramer believes in the buy and homework method of investing. Meaning, do your homework and keep track of your portfolio before a stock derails. But some stocks need less supervision, such as those with terrific franchises and excellent leadership. Investors can count on them to deliver. You still have to do your homework, but you don't have to obsess about it every day.
Cramer recommends Disney as an example, noting that it has hired 3,000 veterans since launching its "Heroes Work Here" initiative less than three years ago.
When most people think of Disney, they think of kiddie stuff, such as cartoons and theme parks. In reality, it is a massive media conglomerate with a long-term business plan.