Navigating the Turbulent Waters of Disney Stock.

1 min read
Source: MarketWatch
Navigating the Turbulent Waters of Disney Stock.
Photo: MarketWatch
TL;DR Summary

The sentiment around Walt Disney Co. stock has become negative, according to Needham’s Laura Martin, who rates the stock a hold. Disney is failing to hit on the trends that are hot with Wall Street these days, and its linear television business is shrinking while it's still losing money in streaming. However, Martin believes that Disney’s free-cash flow and earnings per share could benefit from the ongoing writers’ strike, and actors may go on strike as well. She also continues to believe that Apple might buy Disney, as there is nothing that generates longer attention spans than compelling storytelling.

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