$Disney(DIS.US) Recording my buying perspective. Previously, Disney was continuously losing money in streaming, TV business was declining, and theme parks had little revenue during the pandemic. Plus, there were issues with movies and not much stock repurchase before. The stock price bottomed at around 80-90. Now looking at the financial report, everything except streaming is fully recovering, with a massive $7 billion repurchase. It dropped to 102 yesterday and I bought the dip. I think 102 is a better buy than 80 before. Thanks to the institutions for deliberately driving the price down yesterday, giving me a chance to buy back in.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
