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DIS And The Bifurcated Market Thesis
Article By:
Greg Feirman
Thursday, November 9, 2023 6:00 AM EDT
Disney reported FY4Q23 earnings Wednesday afternoon. The stock has already had a 60% drawdown in the last two years.
Disney Stock Rises After Earnings Beat, Increases Cost-Cutting Plan By $2BN
Article By:
Tyler Durden
Wednesday, November 8, 2023 4:45 PM EDT
Earnings at the world’s largest entertainment company rose to 82c (beating expectations of 69c).
In this article: DIS
Yelp Inc. Surges, The Walt Disney Co Falls On Earnings
#Disney's "Parks and Resorts revenue increased 6% to $4.4 billion." Not unusual to have a nice increase over the summer, but with all the bad PR they've received over their negligence in allowing an alligator to kill a visiting child, I expected $DIS's next quarter won't be nearly as impressive.
Is Disney A Very Good Stock?
Aren't you concerned about the fallout from the alligator attack on $DIS and #Disney's potential liability?
Disney Stock Will Get To $120 This Year
You don't think that $DIS will take a big hit for its liability in putting it's guests at risk? Having a 2 year old die at their resort and the resulting lawsuit and bad PR will hurt.
Walt Disney's 3 Unique Sales Maximizing Abilities That Investors Overlook
While all this is true, I assume #Disney $DIS will plummet now that toddlers are being eaten by alligators at their resorts. Tragic.
Thoughts On Growth Stocks: Apple, Sherwin-Williams, Disney
I agree @[Kirk Sheffield](user:24174) Elsa is outselling Barbie, Star Wars is king again and now everyone's crazy over Zootopia. I haven't seen it yet but did see the trailer at the Star Wars movie and it's on my list. I'm bullish $DIS & $AAPL.
Thoughts On Growth Stocks: Apple, Sherwin-Williams, Disney
Very good picks here. $DIS in particular has just been killing it lately with one major win after another. And they certainly know how to squeeze every last dollar from each box office hit.
Apple: Buy Adobe, Not Tesla
Just an observation, but why doesn't $AAPL buy $DIS, $BBRY, $CALL and/or private company's Soundhound and Soundcloud? This way they have content, enterprise, and social/mobile with money to spare!