I'm Jim Kramer, and you're about to hear a sample taken directly from today's CNBC Investing Club morning meeting.

So let's talk about the couple of sales we made today, starting with Disney, a right-sizing of the position.

It got to about 5% of the entire portfolio.

A lot of that is due because it was the ninth best performer in the S&P in Q1, up 35%.

Top stock in the Dow as well.

A lot of this attributed to Iger's turnaround strategy working,

but also activist investor, Nelson Peltz, keeping management accountable.

Yeah, it's interesting.

My friend Jeff Seinfeld has been saying he's a great wealth destroyer peltz.

But at the same time, I would attribute a lot of this to the company, frankly, reacting to

trying to keep it off the board, doing things that sound exciting, making promises on the cost

cuts.

Yes.

They better deliver on those cost cuts or else the

stocks go right back down well i know bank of america today they raise their price

target of 145 from 130 they think uh they're on track to exceed that seven and a half billion

cost savings jess kereef she's a real serious analyst also talking about strengthened parks

uh but just back to the activist uh idea real quick the meeting is this week it's wednesday is the annual shareholder meeting. So if you want to vote, you have to do it in the next, call it two days. And we will know soon whether or not Tri-N's campaign was successful or not. It seems like it's going to be pretty close. They've got some momentum. They had Calpers.

They had New Burger Berman.

At the same time, a lot of the Disney people, you know, they focus on George Lucas,

who I've oddly had money with Peltz until recently.

But Disney, the family, but then again, you can look at those versus these organizations that rate and one of them really

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