Long term Disney Buy

Despite the pandemic, Disney has maintained a strong share of the entertainment industry with their streaming platform Disney +. While the stock is down, several news sources maintain the fact that Disney is a buy, with one investor claiming the stock could rise to as much as 205$ where at this moment it is at 186$. https://finance.yahoo.com/news/disney-slumps-support-ahead-earnings-123216791.html?.tsrc=applewf and https://www.investors.com/research/disney-stock-buy-now/ . Furthermore, Disney has opened up parks on April 30th- including Disneyland and it's park in California. While we don't know how popular the park will be, with people still cautious following the pandemic and people in other countries unable to visit the park; some sales from ticket booths will none the less steady the entertainment giant. Disney is reporting it's earnings next week- and I expect these to be higher than people might think, even though their film and themepark industries have obviously been hit by the pandemic. In fact, Disney + is contending with Netflix as the largest streaming platform https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/2021/02/13/better-buy-disney-vs-netflix/ . Disney just released new attractions for viewers yesterday to celebrate May 4th, indicating they are gearing up to be aggressive in pursuit of sales as the pandemic subsides in the U.S.

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ecavan

May 5, 2021

-3.67%

Change % Since Posting

181.66

Price When Posted

-6.66

Change Since Posting

DIS

Walt Disney Co (The)

174.99

-3.27
-1.83%
Current Price

Long term Disney Buy

bullish

Despite the pandemic, Disney has maintained a strong share of the entertainment industry with their streaming platform Disney +. While the stock is down, several news sources maintain the fact that Disney is a buy, with one investor claiming the stock could rise to as much as 205$ where at this moment it is at 186$. https://finance.yahoo.com/news/disney-slumps-support-ahead-earnings-123216791.html?.tsrc=applewf and https://www.investors.com/research/disney-stock-buy-now/ . Furthermore, Disney has opened up parks on April 30th- including Disneyland and it's park in California. While we don't know how popular the park will be, with people still cautious following the pandemic and people in other countries unable to visit the park; some sales from ticket booths will none the less steady the entertainment giant. Disney is reporting it's earnings next week- and I expect these to be higher than people might think, even though their film and themepark industries have obviously been hit by the pandemic. In fact, Disney + is contending with Netflix as the largest streaming platform https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/2021/02/13/better-buy-disney-vs-netflix/ . Disney just released new attractions for viewers yesterday to celebrate May 4th, indicating they are gearing up to be aggressive in pursuit of sales as the pandemic subsides in the U.S.

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read-time
1 min

190.66

Target Price

5/ 10

Confidence

1-2 Months

Timeframe
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Earnings Release
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News
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SEC Filing
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Sentiment
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Other Catalyst

DIS Channel

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