Is Disney still a buy?
Is Disney still a buy? Despite the recent concerns in the streaming industry, we think Disney stock looks like a buy for a couple of reasons. Disney’s earnings are likely to rebound strongly this year, driven primarily by the recovery in its lucrative theme park business.
Is Disney a good long term stock?
Better yet, there is an expectation that Disney’s earnings per share (EPS) will rise 45% over a low base compared to 18% for the industry. Initiatives such as the Disney+ ad-supported tier, price increases, and content rationalization support a promising long-term outlook.
Will Disney stock split?
Disney said the stock split is subject to shareholder approval, but is expected to be completed by July. Disney will ask for an amendment allowing it to increase its allowed shares outstanding to 3.6 billion shares from 1.2 billion currently. Disney has 680 million shares.
Is Uber a good stock to buy?
Despite the growth and margin potential, Uber stock trades at under 2x consensus 2022 revenues, well below delivery rival DoorDash stock, which trades at almost 4x projected 2022 revenue. We value Uber stock at about $40 per share, marking a 40% premium over the current market price.
