The main driver of the past two weeks remains the growing dollar index, which...
Disney: streaming will help to earn
The Disney company is perhaps the most famous symbol of the entertainment industry in the world. These are not only studios, but also theme parks, a streaming service, a TV channel, and shops. The company’s capitalization in 2022 is $253 billion.
The company’s data for the third fiscal quarter of 2022 turned out to be quite promising. The details are as follows:
Business strengths in the moment:
In fact, the visible risks do not seem critical or frightening. All expenses are incurred as part of a campaign to expand the subscriber and user base.
Against the background of Netflix streaming, the Disney+ strategy looks quite confident.
The consensus forecast for Disney securities is $145-150.
The daily trading schedule is quite favorable. The MACD indicator is growing in a positive zone and signals a purchase. The Stochastic oscillator develops growth in the positive area and confirms the buy signal.