Stock Analyst Says: “Load up on the House of Mouse…”
Hey, I am a realist. I see the relative ups and downs of the market and don’t expect my 11.5 shares of DIS to skyrocket in the middle of a pandemic. And, while that is a significant number to ME, I also understand that there a whole lot of folks for whom the ups and downs of a key stock could be more worrisome.
But many Disney stockholders are standing pat. Why?
Well, we go back to the Jester himself, Rick Munarriz, as he gives “13 Reasons to Buy Disney and Never Sell.”
What Stock Does The Market Say To Buy?
Let’s give you guys three of Mr. Munarriz’s reasons and then send you over to Mr. @Market’s00 blog to learn some more.
There are a lot of moving parts when it comes to sizing up Walt Disney (NYSE:DIS) as a potential investment. The media giant isn’t perfect but has lots of things working in its favor, even when it’s not hitting on all cylinders… Let’s go over several reasons to buy shares of the House of Mouse and never sell.
And here we goooooooooo.
Disney Stock Rationale
Three of 13 Reasons to Buy Disney and Never Sell:
It took Netflix more than seven years before it hit 60 million streaming accounts in early 2015. Netflix is now closing in on 200 million members worldwide. Where will Disney+ be in five years?
3. Theme parks rule
This year has obviously been challenging for the industry, as Disney had to temporarily shutter its parks for months, only to limit guest counts in the new normal. This will pass, and when it does, Disney attractions will return as the theme-park king with the crown-worthy margins and earnings to match.
11. Maybe Mulan wasn’t a flop
The film’s debut on Disney+ as a premium rental helped spur an initial surge in Disney+ downloads, but we still don’t have a good read on how the film fared. One source said it was viewed by just 1.1 million Disney+ households — or roughly 33 million in sales. Another source said Mulan was purchased by 29% of Disney+ stateside subscribers, a move that would more than make back its reported $200 million production budget… Reality likely rests somewhere in the middle, and we should get the real numbers from Disney in a few weeks. Ultimately Disney has a new pandemic-proof way to monetize its studio productions.
The entire blog post is full of thoughts like the above and completely worth your while. And that’s the case even if you don’t have a stock portfolio that includes DIS.