Disney looks cheap right now
Disney’s $Disney(DIS.US$ performance has been really disappointing, with the stock down 23% over the past 5 years.
The profitability of Disney Plus has also been a concern for investors, as subscribers reached their peak amidst fierce competitors like Netflix.
Nevertheless, the return of Bob Iger as CEO and his plan to sell off certain assets to adapt to changing consumer preferences and use resources efficiently are seen as strategic moves.
Despite the current downturn in the stock market, I believe that Disney is still a solid long-term investment. They have a strong brand, diverse businesses, and have managed to weather financial crises in the past.
Additionally, the stock is approaching long-term technical support, making it an attractive investment for the long term.
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BoatMoney : Wouldn’t touch Disney at any price right now
相拥这个季节 BoatMoney: This stock still has quite a lot of potential in the long run
Gold in stocks BoatMoney: Speaking of which doesn't sound good, dogs don't buy dis