Thoughts on Disney (DIS)
$Disney(DIS.US$ I’ve been watching Disney for a few months now and think it’s a great stock for my long term holdings. I began adding shares recently since it dropped sub $160. What are everyone’s thoughts on the stock? Is it being judged too much on Disney+ and not the company as a whole?
It’s had an underwhelming year and is now 20% below ATH. Has anyone held throughout this recent slump?
Anyone discourse would be appreciated :-)
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Nalini : Long term, Disney should be a good stable purchase. Won't see crazy yearly gains, but it has everything going for it, unless they pull a Boeing and wreck themselves, they should dominate entertainment
KLaue : It seems analyst still view them a streaming stock and are completely ignoring their parks or movies being released in theaters as a growth driver.
Dis also taking away their dividend kind of scared off the dividend crowd since it being dead money comes with no benefits each quarter.
wittleMoo KLaue: i agree about the park, but the other side of the equation is that they also do not see the parks opening too greatly these days with increasingly covid count :( thought i got disney at low price but i suppose it can go way lower given these sentiments lol ; good luck to us!
10102247 : What if Netflix starts their own theme parks as they have their own shows now. Like a Squid game theme park, etc
102998149 : In future if Disney has own VR like Meta, used crypto coins enter the world to visit the Disney cartoon world and interact with them...
Davelord : agreed. i think its being judged too much on Disney plus alone