3 Reasons why $Walt Disney(DIS)$is a Buy.
1) Disney Parks are filling up with revenue doubled from 2020; 5.4B in 2021 up from 2.7B.
As countries increase the vaccination rollout towards endemic, more easing is expected for large crowd venues such as parks, cinemas and events.
2) Disney+ growth has been increasing despite being in only 1/3 of Netflix countries. Subscribers expected to grow significantly towards target of 245 million by 2024 midpoint.
3) Disney Metaverse - new CEO, Bob Chapek havestarted discussions to create Disney Metaverse and this will significantly put Disney on a larger playing field against major filmmakers. Imagine Star Wars, Avengers, Marvel heroes in Metaverse.
$Walt Disney(DIS)$is definitely a buy with its recent dip after Q3 earnings. Upcoming movies such asThe King’s Man, Doctor Strange, Thor, Black Panther, Avatar 2 are hitting box offices in 2022.
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- GriseldaBrown·2021-12-11the biggest reason is since more and more people get vaccined, more of them can enter the Disney.1举报
- uuunited·2021-12-11Walt Disney has good fundamentals. The gradual end of the epidemic is good for it点赞举报
- huuou·2021-12-11Disney's Disney+ business will surge.点赞举报