Disney is set to report it’s earnings next week. Considering their new streaming service, they did well. What do you guys think of the stock? Is it a buy before reports?##
Buy alphabet
The CEO of Hulu stepped down because Disney wants full control of Hulu and is now managed by the same people who manage Disney+. They have plans to expand Hulu internationally which I think is interesting. I think Disney is a good buy right now with a lot of room for growth (subscribers) in their steaming ecosystem.
Yeah and also Frozen has done great over 1B business and a lot of new subscribers for the streaming service. It seems like a good buy atleast by looking at their business this past quarter
I just bought it
It will be hard for them to repeat 2019 revenue from movies this year. Coronavirus also affecting their theme park revenue.
Umm yeah but doesn’t look all that bad, as it is only their park in Shanghai that’s closed.
Yes
Disney is long term game. For short term, I am not sure you are going to get significant gains
DO NOT buy Disney for short term lol. I had an option contract with 5-6months on it, and I was just spit balling, hoping it’ll hit the mark this year because I saw the Disney+ Coronavirus came around and said “hold my beer”. 😭 Disney is a long term game for sure!
This aged like milk...
Nope
Can you explain?