Given the cases raising , DISNEY may lose money further. Is it a good time to hoard this stock . So that once the pandemic is over , due to the pent up demand from all these months, I am hoping that they would gain lot of money and hence better stock price. Update: Aug 6th . Stock popped today . if we bought on the day i was asked about it, we would make pretty good money .
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If this is your analysis, please don't buy individual stocks.
Only about 10% of revenue is from parks
Ya, but they also can’t make movies right now in most countries which is definitely gonna hurt them in the long run
I don’t think it’s 10% it’s definitely more than that, In 2019, Disney's Parks, Experiences and Consumer Products segment garnered $6.17 billion in revenue during the second quarter ending March 30, representing 41.3% of Disney's total revenue during that three-month period.
Honestly, yes. I plan to do the same. Disney isn't going anywhere. And once this pandemic is over I'm sure they'll show us what they've been working on during this "downtime"
Covid and it's implications are well known to the market i.e. already priced in. On the other hand, I'm not sure market appreciate enough Hamilton release and it's potential implications on Disney+ subscriptions. I'm long Disney.
Woohoo that Disney+ gainz.
Dis is a long term buy. I would love average down, only when it falls under 100.
Buy Disney.. Its safest and cheapest stock on the market right now.. One day it'll jump like PINS did on Friday :) I have few at $118/ and waiting for drop.. if it goes down below $105/- i will add more...
Can you explain why it’s cheap at this price? It’s ATH is only 150. Do you see DIS surpassing 150?
DIS would absolutely surpass 150. Yes, company takes temporary hit because of parks and theaters closure, and sports (ESPN) are not there yet . But there's no reason why DIS revenue wouldn't grow higher than before COVID. As of valuations in general, combination of trillions injected dollars and lower interest rate kind of ensure that higher revenue and earnings would translate into higher valuations once the dust settles.
Disney has gained nothing in the last 5 years. It goes up and down. Not a good buy.
Uhh, it's gone up more than it's gone down. It's not a TSLA, but it's still undervalued and will be one stock that appreciates well coming out of this pandemic.
Obvious bias here, but if we're talking holding and ignoring for 10+ years then yes, it's a buy. Beyond the diversity of it's product, Disney is almost 100 years old and survived through multiple wars and pandemics. If there's any company in the s&p500 that can take a beating and bounce back better than the others, it's DIS. It's also one of the only companies stable enough to still not have seriously laid off large portions of it's staff (compare to Uber, Microsoft etc). DIS is one of those stocks that you look at on the 10 years scale, not the 1 year scale.
Wonder about the same