Disney Stock Has a Tough Year Ahead. Investors Have Already Been Burned.

Walt


Disney


stock is an orphan. It’s too pricey for value investors, not expected to grow fast enough for growth investors, and ditched its dividend in 2020, putting it out of reach of income funds. 

The case for a rebound in Disney stock (ticker: DIS)—down nearly 50% over the past year—looks great in theory. Growth in subscribers for Disney+, the streaming service, will continue thanks to its world-class franchises and library of content, while price increases and greater scale will help stem losses at the capital-intensive segment. Theme parks will continue to enjoy a postpandemic recovery, with strong pent-up demand from consumers and new technology to squeeze more sales out of visitors. Cord-cutting won’t ever reverse, but Disney’s cable networks including ESPN and ABC will remain profitable in their long, slow decline.

Source: https://www.barrons.com/articles/disney-stock-streaming-parks-cable-51668207472?siteid=yhoof2&yptr=yahoo