In terms of fundamentals, Disney is a well-known brand. The lucrative IPs it holds will continue to generate strong revenue in the years to come.
Its launch of the Disney Plus channel is well-poised for the change in consumer preferences as consumers gravitate to video-on-demand and the internet for their home entertainment needs and cushions it against future lockdowns that will affect cinemas. Its stable of family-friendly Pixar and Disney animation titles, Marvel franchise and Star Wars franchise have widespread appeal and a core fan base that will help it to hold its own against its rivals, Netflix and Amazon Prime.
Although its Parks, Experiences and Products segment has been badly affected by the pandemic, the economy is expected to pick up as the vaccination rate increases. This is a stock I don’t mind holding for the long term.
Neena : Thank you for this analysis. I will keep an eye out on this stock this week and going forward.
Dadacai OP Neena : Thanks for reading and commenting. Disney’s Q3 results beat expectations. https://www.moomoo.com/en-sg/community/feed/106745880051717?lang_code=2
Dadacai OP : Scott Kessler, Third Bridge's head of technology, breaks down Walt Disney Co.'s third-quarter earnings with Emily Chang on "Bloomberg Technology." https://news.moomoo.com/en-sg/news/video?news_id=5643968&nn_news_type=video&skintype=1&clientlang=2&clienttype=52&user_id_type=3&clientver=11.16.2648&is_visitor=0&user_main_broker=WwogIDMKXQ==&level=1&data_ticket=1628775717490416
KB Chong : a heart pain counter for me. Brought at 135 but sold way early.
Dadacai OP KB Chong : I know that feeling Still, it’s never wrong to take profit.