Is it time to buy Disney? Two market pros make their case for and against the stock

대한민국 뉴스 뉴스

Is it time to buy Disney? Two market pros make their case for and against the stock
대한민국 최근 뉴스,대한민국 헤드 라인

Two investors faced off to make their case for and against buying Disney shares.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Disney beat Wall Street expectations for its first-quarter earnings , but it was its vast restructuring plan that stole the headlines. With CEO Bob Iger back at the helm, Disney is seeking to make a "significant transformation" of its business by reducing expenses and putting the creative power back in the hands of its content creators. This includes a plan to reorganize its business into three segments, while also slashing $5.5 billion in costs.

" "In the meantime, you can buy many stocks in the consumer discretionary sector that don't have the heavy lifting of a restructuring. They still have America's best brands, and the products are reasonably valued," he added. But Jason Ware, chief investment officer at Albion Financial Group, remains bullish on Disney. He believes the company is a "great business" and investors should take a long-term view.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

CNBC /  🏆 12. in KR
 

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Disney stock gains as Bob Iger's earnings return produces a beat despite Disney+ disappointmentDisney stock gains as Bob Iger's earnings return produces a beat despite Disney+ disappointmentDisney Chief Executive Bob Iger returned to the earnings stage Wednesday and delivered a big beat, largely thanks to improving financial results at $DIS’s theme parks, but Disney+ subscribers declined more than expected.
더 많은 것을 읽으십시오 »

Disney stock soars as Iger plans 7,000 job cuts in return to earnings stageDisney stock soars as Iger plans 7,000 job cuts in return to earnings stageBob Iger returned to Disney's earnings stage and delivered a big beat, largely thanks to theme parks, but Disney+ subscribers declined more than expected.
더 많은 것을 읽으십시오 »

STOCK MARKET NEWS: Disney job cuts, Musk responds to Twitter outage, Toyota profitSTOCK MARKET NEWS: Disney job cuts, Musk responds to Twitter outage, Toyota profitDisney shares rise on job cuts and earnings beat. Twitter suffers outage. PepsiCo earnings on tap. Affirm Holdings shares plunge. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Cathie Wood said Ark Innovation is the new NASDAQ. 🤣🤣🤣🤣🤣
더 많은 것을 읽으십시오 »



Render Time: 2025-01-20 04:59:58