Bunifa Latif
2022-05-16

$Walt Disney(DIS)$Do you still believe in the magic?


Disney serves as a ‘consumer tracker’ amid recession watch. When recession hits, discretionary spend will likely fall which implies that visits to theme parks would decline. Whilethey have seen a pickup in the visits to theme parks due to the travel recovery, many headwinds still persist such as high inflation and the China lockdown which threaten growth!

While their Disney+ managed to add subscribers unlike Netflix, I am skeptical about howlong this can keep up. It is already planning an ad supported subscription to boost revenues.

Given the headwinds, I do not think I am entering the stock as yet. It may decline to its pandemic levels soon if there are no bright spots.

DYODD

💰 Stocks to watch today?(23 Dec)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Hosaid
    2022-05-17
    Hosaid
    Will still monitor for possiblility to enter for good buy in a further dip. Since many countries boarder started to reopen. Hopefully jun holiday able to boost up the stock 😊🌈
  • FrankRebecca
    2022-05-16
    FrankRebecca
    This pandamic period is really not good to buy theme park stocks like DIS.
  • FrankRebecca
    2022-05-16
    FrankRebecca
    Price of DIS is low enough for me to buy this week.
  • Nav_sg
    2022-05-16
    Nav_sg
    Disney streaming service is going good , they have lot of content , will look to buy in a dip
  • xiaobaii
    2022-05-16
    xiaobaii
    like & comment please
  • kimmy1234go
    2022-05-17
    kimmy1234go
    Need to watch our the growth of users
Leave a comment
1