We are pretty much in agreement. The stock is a long term winner any way you slice it. Hold and smile.
I posted a few months ago that Avengers 2 and Episode 7 will be the catalysts for the next leg up in DIS. A lot of people are saying that the movies are already priced in but I beg to differ. Believe it or not a lot of people still do not even know that Disney owns LucasFilm outright. After Avengers 2 is the massive hit it is expected to be the Star Wars hype train will really get rolling. Everyone and their mother is going to want to own a piece of Disney at that point. Barring a total stock market collapse (which is always a risk) I believe DIS has a good shot to be trading around $125 by the time 2015 comes to an end.
I took my daughter and niece to see the move this past weekend and I thought it was excellent. Disney did a great job staying faithful to the source material while updating it just enough to make it appealing to this generation's audience. The casting was spot on and the set design, costumes and makeup were all outstanding. I do not usually buy DVD's or Blu-Ray discs but this is one that I would own. A timeless classic brilliantly reconstructed by the creative hands at Disney.
These guys are firing on all cylinders right now. Watching the movie knowing I own the stock brought a smile to my face.
It honestly does not matter to me whether they split shares or not. It would be nice to see but it isn't going to change my view of the company one way or the other. I am holding my shares for the very long term regardless. I plan on passing them down to my kids.
Would love to see it. A 3 for 1 would make my year! Starbucks just announced one so hey maybe well get lucky with DIS. Forget the myth that splits don't create more value. Disney at $40 becomes infinitely more attractive to smaller investors than it is at $120. Just look at how Apple has performed since their 7 for 1.
The shorts seem bent on getting in front of this train. I'm not sure why. There are much better short targets out there. They are getting killed betting against Disney. Oh and Avengers 2 is about two months away.
This is the dilemma for shot sellers and those that think that Disney is currently overvalued. While some of those arguments may be true there are much better shorting targets out there. Just look what happened to all of the folks that shorted Netflix and Apple on the way up. They got absolutely killed. With Avengers 2 and Star Wars on the horizon it is very risk shorting Disney right here. A significant pullback will occur at some point but knowing when that will happen a pure guessing game. The stock is a freight train right now and I see no need to get out in front of that.
Very solid opening indeed. Make no mistake Disney will find a way to monetize this one as well despite this being simply a remake of such a classic. 'Frozen Fever' helped the numbers a bit but this movie will have legs particularly overseas. I am taking my daughter to see it this coming weekend. Theaters in my area were too packed this past weekend.
Here's the problem with going short. Take a look at what happened with Tesla, Amazon and Priceline to name a few. Everyone kept shouting that they were overvalued and kept shorting them on the way up. They got crushed for their troubles. Fundamentally Disney is a much stronger company than any of those that I just named. The Marvel and LucasFilm acquisitions changed the game for Disney. They are already the masters of content and now look what they have to draw from for many years to come. This company is firing on all cylinders. Has it gone up too fast? Probably. But why get in front of a freight train?
Best of luck!
Everyone wants to own a piece of 'Frozen', 'Star Wars' and all things Marvel. I don't even have to mention ESPN and ABC. Disney is a mutual fund in and of itself. And trust me, the hype has not even started yet.
I expect the movie to easily exceed $1 billion worldwide making it's way to $1.5 billion before it's all said and done. Star Wars: "The Force Awakens" will do even bigger numbers. It is an exciting to time to be a Disney shareholder!
I agree with you 100%. One of the biggest investment mistakes I ever made was selling Disney at $35 after buying it at $28. The "gurus" out there were saying that you should sell at $35 and wait for a pullback to $30 and get back in. Well guess what? $30 was never seen again and either was $40, $50, $60, $70 etc.
The LucasFilm and Marvel acquisitions changed the game entirely for Disney. They now have an incredibly deep pool of iconic characters and content to draw from for many years to come. The Star Wars craze has not even begun yet and when it does you will see the stock moving to even higher highs.
DIS is without a doubt one of if not the best "buy and hold forever" stocks in the world.
I owned 100 shares of DIS at $28 and unfortunately sold out at $35. I let the talking heads on CNBC talk me into selling and waiting on the next dip to get back in. Well obviously I outsmarted myself. I bit the bullet and bought back in at $64 and I plan on literally holding these shares forever. Disney is a company you want to turnover to your kids one day.
As for Cramer....he was openly bearish on DIS when it was around $60.