Julia says Disney Chief executive Bob Iger’s strategy is on target. That is, the movies Disney makes are going to be franchised products. From rides at the theme parks to books and DVD’s; Disney is all about branding and cross selling.
Jeff Macke says he loves Disney stock and he’s not worried that “Pirates” got some mixed reviews. However, he is worried about Ratatouille a Disney / Pixar film coming out later this year.
Julia says she saw a clip of Ratatouille and liked it.
Pete Najarian predicts Pirates 3 will crush Spider-Man 3.
Guy Adami adds sometimes it’s worth buying a stock just based on who runs the company. And Iger is worth the investment.
Eric Bolling says don’t own the stock right now. It’s too rich for him, although he likes the company. If the stock drops a few dollars it’s a buy, he says.
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Trader disclosure: On May 24, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Najarian Owns (JPM), (SPF), (MU, (EMC), (BIIB), (FITB); Bolling Owns (T), (DIS), (ICE), (NMX), Gold, Silver, Coffee, Sugar