Is Disney Stock A Generational Buy?
At $89 a share, the case for Disney is beginning to look interesting
Investors who view Disney as a ‘blue chip’ underestimate the company’s exposure to cord-cutting; legacy networks are a stunning proportion of total profit.
But the move back toward multi-year lows makes the stock tempting. Disney stock isn’t ‘cheap’, but there is a legitimate fundamental case.
Right now, investors must consider one crucial question: can Bob Iger successfully get the business to the other side?