Why we’re cautiously optimistic about Disney’s new multibillion dollar theme park investment

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Disney made a colossal further commitment to its parks business at a complex time for the entertainment giant.

We're cautiously optimistic about Disney 's decision to invest billions upon billions more into its booming theme parks. On one hand, it could help profits over time. On the other, it could stretch its balance sheet in the near term. And, all the while, CEO Bob Iger is attempting a company turnaround that's taking much longer than anyone expected.

The market may have reacted negatively to the Disney's Park investment news, but we see this as Iger playing to the company's strengths and a sign that the company's balance sheet is not in the precarious situation the market makes it out to be in. DIS 5D mountain DIS stock performance.

 

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