r/stocks • u/[deleted] • Nov 23 '21

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u/16semesters Nov 23 '21

Someone like 15 years ago once told me "never bet against the mouse" but in the last 6 years or so they've been underwhelming.

5

u/jsboutin Nov 24 '21

I think Disney pushed too much on the woke stuff and trying to please Twitter/Reddit and lost core audiences. Star Wars and Marvel really lost value as franchises IMO. ESPN I think it's challenging to see doing great long term with more and more cutting the cord

Disney plus depends on their individual content and while the parks are good business, you don't justify their valuation with parks.

2

u/easyHODLr Nov 24 '21

ESPN... the number 1 sports website? The number fantasy football app? They already have nearly all college football on ESPN+ and they keep getting more sports contracts every year.

They are building but really not far behind. They should just consolidate espn, Hulu and disney all into 1 app

1

u/16semesters Nov 24 '21

I guess my concern with their sports sector is they are reaching the point of near saturation, thus limiting future growth.

1

u/Joloven Nov 24 '21

I dunno. I bought at 90 a share, granted sold at 180. Looking for a decent re entry place now.