Walt Disney’s chief executive has warned that a trade war between the US and China would be bad for business. And it says Disneyland Shanghai – its first theme park in mainland China – was one of its “biggest success stories in 2016.”

The entertainment giant is going into the report on a solid note from both a business and stock momentum standpoint. Rogue One: A Star Wars Story , released in mid-December, has been dominating box offices around the world.

My favorite stock for 2017 and beyond that would be a great choice for long-term investors who want growth potential with relatively good stability is entertainment powerhouse Walt Disney Disney’s business performance was magical in fiscal year 2016, ended Oct. 1, with year-over-year revenue increasing 6%, adjusted earnings per share growing 11%, cash provided by operations jumping 21%, and free cash flow soaring 27%. Moreover, these numbers understate the company’s performance because there was one less week in the fiscal year than in the year-ago period.

It is ‘very important’ that the story on Disney not be so attached to the success of ESPN, TheStreet’s Jim Cramer said. Shares of Walt Disney were climbing in early morning trading on Monday, after Bank of America/Merrill Lynch added the stock to its U.S.1 list, saying the company is primed to outperform in 2017.