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

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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
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