#2 - Disney (NYSE:DIS)
You'll hear a lot of Disney (NYSE:DIS) noise, but as an investor, it's worth considering what consumers do as opposed to what they say they'll do. If you’re a consumer with small children, you’re likely going to buy into Disney’s streaming service, Disney+, at some point.
The immense Disney library offers content that consumers cannot access anywhere else. Disney also owns ESPN, which gives it access to an adjacent customer base and a link to live sports that it can capture through the ESPN+ service.
The company is known for its theme parks, but in its third quarter 2022 earnings report, Disney added over 14 million Disney+ subscribers and posted a year-over-year gain of 53% in ESPN+ subscribers. As an investor, this contributes to a "sum of all of its parts” argument for owning DIS stock.
About Walt Disney
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
Read More - Current Price
- $115.65
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 19 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $123.83 (7.1% Upside)
