DIS - The Walt Disney Company
| Previous Close | 138.02 |
| Open | 136.29 |
| Bid | 135.82 x 1300 |
| Ask | 0.00 x 800 |
| Day's Range | 135.30 - 137.24 |
| 52 Week Range | 100.35 - 147.15 |
| Volume | 5,868,172 |
| Avg. Volume | 8,616,506 |
| Market Cap | 244.627B |
| Beta (3Y Monthly) | 0.73 |
| PE Ratio (TTM) | 17.48 |
| EPS (TTM) | 7.77 |
| Earnings Date | Nov 6, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 1.76 (1.28%) |
| Ex-Dividend Date | 2019-07-05 |
| 1y Target Est | 151.77 |
- Yahoo Finance Video
CEO Bob Iger departs Apple's board of directors ahead of Disney+ launch
Disney CEO Bob Iger has left his role on Apple's board of directors, signaling a split between the once-friendly companies as they each prepare for the launches of their respective streaming platforms, Apple TV+ and Disney+. Yahoo Finance's Editor-in-Chief Andy Serwer joins The Final Round to discuss.
- Yahoo Finance Video
Disney’s CEO steps down from Apple’s board, AT&T under siege
Disney's CEO Bob Iger is stepping down from Apple's board, largely because of the issue of original content, going head to head with Iger and his Disney+ streaming service. Disney is also going after AT&T as well, telling customers that they may not be able to see Disney programs because of a carriage dispute. Yahoo Finance’s Yahoo Finance’s Brian Sozzi, Alexis Christoforous and Andy Serwer discuss.
- Zacks
What's Next for Apple (AAPL) Stock: Holiday Shopping, iPhone 11, Apple TV+
Associate Stock Strategist Ben Rains dives into Apple's (AAPL) new iPhone 11s, as well as its streaming TV service and video game push. The episode also breaks down what's next for Apple stock and why the tech firm looks strong heading into the holiday shopping season. - Full-Court Finance
- InvestorPlace
The 9 Best Stocks to Buy for the Next Decade
[Editor's Note: "The 9 Best Stocks to Buy for the Next Decade" was originally published in April 2017. Each stock pick has been updated to reflect changes in the market.]A few years ago, InvestorPlace contributor Dan Burrows highlighted the ten best-performing S&P 500 stocks of the past decade. The most important lesson one finds by studying these high-flying stocks is that patience wins out over all other attributes of a successful investor.A classic example of how true this is involves the Fidelity Magellan Fund (MUTF:FMAGX), the large mutual fund made famous by portfolio manager Peter Lynch. Lynch ran the fund for 13 years from 1977 until 1990, growing it from $20 million to $14 billion before stepping aside.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFidelity studied the returns of Fidelity Magellan unit holders over those 13 years to see how they compared to the legendary portfolio manager. While Lynch managed to achieve a 29% annual return over this period, the average investor lost money.Patience would have served those investors well, as the ups and downs of the stock market shook them out of their positions -- and in doing so, deprived them of millions of dollars in profits. A $10,000 investment in 1977 held until 1990 was worth $273,947 by the end of that 13-year period.I'm not Peter Lynch, but I can say with some confidence that the following names are the nine best stocks to buy for the next decade. * 7 Tech Stocks You Should Avoid Now Let's take a look. Amazon (AMZN)Not only is Amazon (NASDAQ:AMZN) CEO and founder Jeff Bezos a great chief executive, but Amazon has its hands in so many pies -- including a very profitable cloud business that generated $7.3 billion of operating income last year -- that it's hard to fathom just how big Amazon could be a decade from now.While Amazon's AWS cloud business is a big deal, Amazon Prime is the service that delivers the goods when it comes to building the foundation for AMZN stock. More than 100 million people subscribe to Amazon Prime at $119 per year.It's not the billions of dollars of annual subscription revenue that matters, but the amount each of those subscribers spends on other Amazon products. Statistics show that 76% of Amazon Prime members spend more than they did before paying the annual $119 fee.That's what you call "pulling power," and it's a big reason why AMZN stock will be a winner for the long haul and why it's a top stock to buy for the next decade. Apple (AAPL)You can say what you want about the iPhone maker's best days being behind it, but I have a feeling Apple (NASDAQ:AAPL) will continue to create products people want to buy for years to come.What these products are, I couldn't tell you … What I do know is that Apple will continue to generate a huge amount of free cash flow to reward shareholders for their patience and loyalty.That loyalty translated into AAPL stock becoming the world's first publicly traded company to hit a trillion-dollar valuation. * 7 Tech Stocks You Should Avoid Now While Apple is no longer reporting iPhone numbers, its Services revenue continues to look more and more promising. Berkshire Hathaway (BRK.B)Warren Buffett is 89 years old. Eventually, he's going to step out of the game. The argument is that his departure will create a panic that will send Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) stock spiraling downward. Personally, I don't subscribe to that theory.Businesses -- whether it be a huge holding company like Buffett's or something much less grandiose -- are valued by calculating the present value of its future cash flows. Berkshire Hathaway's are significant. Another way is to value a business is to look at the sum of all its parts.Berkshire Hathaway owns hundreds of businesses; each of these firms, if sold at auction, would be worth more than the current stock price would seem to reflect. If Buffett moved on and the company was broken up in a prudent manner over an extended period, Berkshire Hathaway investors would benefit greatly from such a process.The best part of Berkshire Hathaway? You get a quasi-mutual fund with a diversified group of holdings and no management fees.That's the best kind of buy-and-hold investment. Ulta Beauty (ULTA)The retail industry is in a freefall at the moment, yet Illinois-based Ulta Beauty (NASDAQ:ULTA) is busy growing its network of stores -- which currently number over 1,100 -- by 100 per year. It expects to build out its brick-and-mortar footprint to 1,700 stores over the next decade.Ulta's business model provides a shopping experience that is unique in a beauty market where no one firm controls a big chunk of market share, not even Sephora. * 7 Tech Stocks You Should Avoid Now With consumer confidence growing, Ulta stands a good chance over the next decade of bumping this number significantly higher. ULTA shares might be expensive at nearly 30 times earnings, but that's the price you pay to own the best. Sherwin-Williams (SHW)Ulta Beauty helps women with their beauty needs; Sherwin-Williams Co (NYSE:SHW) does the same for houses and businesses around the world.What's the one thing real estate professionals suggest you should do when selling your home? Give it a fresh coat of paint. It's the most cost-effective improvement you can make to bring in better offers.Sherwin-Williams originally tried to buy Mexican paint company Comex in 2014, but it was beaten out by PPG Industries, Inc. (NYSE:PPG). More than two years later, it bought The Valspar Corp, significantly improving its position in the coatings business outside North America.Over the past decade, SHW has achieved a return of around 800%, significantly greater than the S&P 500's 190% climb in that same period.If any stock can repeat this kind of performance over the next decade, Sherwin-Williams has to be at the top of the list. Kraft Heinz (KHC)In 2017, the management of Kraft Heinz Co (NASDAQ:KHC) put quite the scare into the 169,000 Unilever plc (ADR) (NYSE:UL) employees with a potential $143 billion offer to buy the company. Fortunately (for employees), Unilever's management told 3G Capital and Berkshire Hathaway, which control KHC, to take a hike.Kraft Heinz is going to make another acquisition. And when it does, the first thing 3G is going to do is trim the fat. (Read this article about Tim Hortons to understand their cost-cutting ruthlessness.) That's going to mean the loss of a lot of jobs.While that's terrible for the people on the receiving end of the pink slips, it's been proven by 3G Capital time and again to significantly increase the bottom line. Shareholders definitely will win as Kraft Heinz guts PepsiCo, Inc. (NYSE:PEP) or some other vulnerable target. * 7 Tech Stocks You Should Avoid Now Kraft Heinz stock did take a big hit in February after the company took a huge impairment charge and revealed that the SEC has been probing its accounting practices. KHC also cut its dividend by 36% that month. But the company has more than enough cash to cover its dividend, and its products will continue to sell well because people always need to eat, while its offerings remain very popular in the U.S. Moreover, KHC stock still has an impressive 5% dividend yield. Five Below (FIVE)In an age where you have retailers going out of business left and right, Jim Cramer is right to rave about teen discount clothing chain Five Below Inc (NASDAQ:FIVE).In today's retail, you either want to be in the discount or luxury businesses, but not in the deadly middle. Five Below has a plan to grow revenues and earnings by 28% every year for the next five years. In 2019, revenues and earnings are expected to grow 22% and 48.6%, respectively, to $1.56 billion and $2.66 per share.Five Below expects to continue opening new stores, reaching 2,000 stores open in the U.S. at some point in the future. While it seems like an ambitious goal given how many stores are closing these days, Five Below has a very talented management team led by CEO Joel Anderson, whose previous job was CEO of Walmart.com (NYSE:WMT).At prices $5 or below, Five Below delivers a concept that's unique to teen and pre-teen customers. And it should deliver plenty of returns over the next 10 years. Cracker Barrel (CBRL)Over the past decade, Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has more than doubled the performance of the S&P 500 by delivering consistent results. Its return on equity is an impressive 34%.CBRL's unique restaurant/retail concept generates approximately 80% of its revenue from its restaurants, with its retail shop the remaining 20%. The average store throws off revenue of $4.6 million. The retail business generates sales per square foot of $440 and 50% gross margins. * 7 Tech Stocks You Should Avoid Now Cracker Barrel features a strong female presence in upper management, representing what a modern progressive American company is supposed to look like at the top. Good on them … and good for you, because that kind of diversity will pay off in spades. ResMed (RMD)Who knew that sleep apnea paid so well?ResMed Inc. (NYSE:RMD) manufactures medical devices and provides cloud-based software applications for medical professionals to treat and manage sleep apnea and chronic obstructive pulmonary disease (COPD). Treating 2 million patients daily, ResMed has become good at reducing healthcare costs by minimizing the effects of chronic disease.Good businesses make and save people and companies money. ResMed does both.Over the past decade, ResMed has delivered an annual return to shareholders of around 17%, much greater than the S&P 500.According to a study, 26% of adults have sleep apnea -- a disorder that can wreak havoc on a person's heart, not to mention a marriage due to both partners' lack of sleep. My dad died as a result of COPD, a disease that affects more than 200 million people worldwide and costs the healthcare system more than $50 billion per year in the U.S. alone.ResMed has growth opportunities in Latin America, Eastern Europe and China and India -- all huge markets that will keep it busy for the next decade and beyond.Of all the stocks to buy for the next decade, ResMed is my pick for most reliable given the markets it serves.As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post The 9 Best Stocks to Buy for the Next Decade appeared first on InvestorPlace.
- American City Business Journals
Are AT&T and Disney making progress on contract talks after earlier clashes?
Despite a deadline passing over the weekend, Disney’s ESPN football programming continued on the Dallas company's television platforms, according to a report.
- American City Business Journals
Crane Watch: See the latest with I-4 Ultimate, Disney projects in Central Florida
Arguably the largest construction effort in Central Florida — the $2.3 billion widening of Interstate 4 — has started work on another project. The Florida Department of Transportation began reconstructing the the E.E. Williamson Road overpass and the widening of the highway in Seminole County earlier this month. Beyond that, massive tourist attractions in Orlando are looking ahead to new construction.
- American City Business Journals
Here's what Disney's doing to build the next ride for Star Wars: Galaxy's Edge
The theme park giant is working on completing its next attraction, Star Wars: Rise of the Resistance.
- Benzinga
Disney's Iger Out As Apple Board Member
Apple will launch its streaming video service Nov. 1, and Disney will launch its platform Nov. 12. Iger's presence on Apple's board would be seen as a conflict of interest, and the iPhone maker confirmed Friday Iger is resigning from its board. In a statement to CNBC, Iger said he is leaving as a "friend" after eight years of service on Apple's board.
- Business Wire
Disney store “Disney Bedtime Hotline” Returns and Introduces Disney Bedtime Adventure Box to Infuse Magic into Bedtime for Families and Fans
Call 1-877-7-MICKEY to hear six special messages from Mickey Mouse, Woody, Jasmine, Anna & Elsa, Yoda and Spider-Man
- Investing.com
Stocks - General Motors, Airlines Fall Premarket, Energy Stocks Gain
Investing.com - Stocks in focus in premarket trading on Monday:
- TheStreet.com
Oil Prices, Saudi Attacks, GM, Purdue Pharma, Apple - 5 Things You Must Know
U.S. stock futures tumble as oil prices surge the most in more than two decades following an attack on two key Saudi Arabian oil facilities; Donald Trump says he will authorize the release of oil from the Strategic Petroleum Reserve if needed to keep the market supplied; General Motors slumps after the Auto Workers union goes on strike.
- Yahoo Finance
Apple and Disney split, while AT&T gets it from all sides
The media business has always been about frenemies and evolving alliances which makes for tricky navigation even in quiescent times.
- Reuters
Disney CEO Bob Iger resigns from Apple board as TV battle looms
Iger departed Apple's board the same day the company revealed new details about Apple TV+, a $4.99-per-month service that will launch on Nov. 1. Apple is spending billions in Hollywood to secure original programming for the service. The monthly subscription price for Apple TV+ undercuts Disney, which earlier this year announced its own streaming service that will feature its iconic children's content and cost $6.99 per month.
- Reuters
UPDATE 2-Disney CEO Bob Iger resigns from Apple board as TV battle looms
Apple Inc said https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019319000093/a8-kseptember201991019.htm on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business. Iger departed Apple's board the same day the company revealed new details about Apple TV+, a $4.99-per-month service that will launch on Nov. 1. Apple is spending billions in Hollywood to secure original programming for the service.
- Barrons.com
Disney CEO Bob Iger Resigns From Apple Board as Streaming Competition Ramps Up
Apple is launching a streaming service in November, making it a direct competitor to Disney’s service that is set to launch the same month.
- Bloomberg
Disney's Iger Quits Apple Board as Streaming Rivalry Heats Up
(Bloomberg) -- Walt Disney Co. Chief Executive Officer Bob Iger resigned from Apple Inc.’s board, a sign of increased competition between the entertainment and technology giants.Apple said in a Friday regulatory filing that Iger quit on Tuesday. He had served as a director since 2011 and was a friend of Steve Jobs. The Apple co-founder was also a Disney board member until he died in 2011. The duo appeared on stage more than a decade ago to announce an iTunes partnership.The relationship between the two companies became more fraught after Apple expanded into original TV shows and movies, making the Cupertino, California-based company a potent new rival for Disney. That had put Iger’s role on Apple’s board in doubt.On Tuesday -- the same day Iger resigned from the board -- Apple CEO Tim Cook said the company’s TV+ service would launch Nov. 1 for $4.99 a month, undercutting the upcoming Disney+ offering. The announcement dented Disney shares.In an April interview with Bloomberg TV, Iger said he was careful to recuse himself at Apple board meetings whenever the topic of streaming video came up. He added that the topic “has not been discussed all that much” by the Apple directors, because it was relatively small and nascent. “So far it’s been OK,” he said. “I’m in constant discussion about it.”“It has been an extraordinary privilege to have served on the Apple board for eight years, and I have the utmost respect for Tim Cook, his team at Apple and for my fellow board members,” Iger said in an emailed statement.His departure leaves Apple with seven board members. The average board has 10.8 directors, according to a 2018 analysis of companies in the S&P 500 index by Spencer Stuart, a consulting firm that provides executive search and board-related services.\--With assistance from Christopher Palmeri.To contact the reporter on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair Barr, Mark MilianFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- American City Business Journals
Disney chief Bob Iger resigns from Apple's board as the two companies prepare competing streaming services
The development comes as both companies are preparing to release competing streaming services within days of each other.
- MarketWatch
Disney CEO Iger resigns from Apple board
Walt Disney Co. Chief Executive Bob Iger has resigned from the board of Apple Inc. , the Silicon Valley company said in a filing late Friday. Iger resigned on Tuesday, according to the filing, which contained no other information. Earlier this week, Apple revealed that it would charge $4.99 a month for its previously announced streaming service, set to launch Nov. 1, undercutting Disney as well as Netflix Inc.'s streaming businesses. Iger had joined the Apple board in 2011, according to Disney's website. Other Apple board members include Chief Executive Tim Cook, former Genentech Chief Executive Arthur Levinson, who is the board's chairman, and former Vice President Al Gore. Shares of Apple and Disney were flat in the extended session Friday after ending the regular trading day down 1.9% and 0.4% higher.
- Bloomberg
Apple Says TV+ Service Won’t Harm Results, Rebutting Goldman
(Bloomberg) -- Apple Inc. said a new video service won’t have a material impact on its financial results, seeking to counter research from a Goldman Sachs analyst who cut his share price target on concern that aggressive pricing of the TV+ offering will trim profit.Earlier this week, Apple outlined a strategy that involved lower prices on several devices and services, including a monthly cost of $4.99 for TV+. It will also be free for one year with purchases of new Apple devices. This is relatively rare for a company that has historically charged premium prices to support healthy profit margins.Rod Hall, the Goldman Sachs analyst who covers Apple, cut his price target on Apple shares to $165 from $187, saying the company’s plan to offer a trial period for TV+ was “likely to have a material negative impact” on average selling prices and earnings per share.“We do not expect the introduction of Apple TV+, including the accounting treatment for the service, to have a material impact on our financial results,” Apple said in an email.The stock jumped after the statement, trimming losses from earlier in the day. It traded down 1.8% at $219 at 2:56 p.m. in New York.The TV+ service is entering a crowded video-streaming field that already includes Netflix Inc., Amazon.com Inc., Hulu and AT&T Inc.’s HBO. In November, Walt Disney Co. plans to launch a Disney+ streaming service, with a giant catalog of titles, for $6.99 a month. Netflix’s entry-level subscription is $8.99 a month in the U.S.Apple, which doesn’t currently have a back catalog of content for TV+, announced the $4.99-a-month pricing on Tuesday, sparking a rally in its shares and declines in Netflix and Disney stock. In India, the TV+ service will be 99 rupees ($1.40) a month. (Updates with background on TV+ in final paragraphs.)To contact the reporters on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.net;Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- TheStreet.com
[video]Disney CEO Bob Iger Resigns From Apple Board
Robert Iger, CEO of The Walt Disney Co. , has resigned from the board of Apple Inc. according to an SEC filing from the iPhone maker. "While we will greatly miss his contributions as a board member, we respect his decision and we have every expectation that our relationship with both Bob and Disney will continue far into the future," Apple said in a statement. Apple's Apple TV+ service is set to launch on Nov. 1.
- Yahoo Finance
Apple has a 'big acquisition' up its sleeve, tech analyst Dan Ives says
Apple TV + is price affordably but it really needs to focus on content to win the OTT race.
- Bloomberg
J.J. Abrams's Bad Robot Better Be Good at AT&T
(Bloomberg Opinion) -- Careful, AT&T, those Hollywood lights can be blinding. The industry newbie has just struck an eye-popping deal with sought-after director J.J. Abrams to bring more of his movie magic to the telephone-giant-turned-media-conglomerate. AT&T Inc.’s offer amounted to: Dear J.J., please take this wheelbarrow of money. The deal between AT&T’s new WarnerMedia division and the Bad Robot production company, led by husband-and-wife team Abrams and Katie McGrath, is reported to be worth more than $250 million. That’s after Apple Inc. bid $500 million, according to Hollywood Reporter, though Abrams was said to have turned down that offer in part because he wanted to maintain a large box-office presence. With WarnerMedia, Abrams can create content for both the big screen and online-streaming properties. Bad Robot has previously produced hits such as “Star Wars: The Force Awakens,” and the shows “Lost” and “Alias.” The outrageous sums that AT&T and reportedly Apple put forth are emblematic of the escalating arms race for content. Entertainment giants – those new to the business, in particular – are trying to secure hit TV series and films for new streaming-video services launching in the coming weeks and months to compete with Netflix. Apple TV+ is set to be released Nov. 1, followed by Disney+ on Nov. 12 and AT&T/WarnerMedia’s HBO Max next spring. (Last year, AT&T acquired WarnerMedia, formerly called Time Warner, the parent of Warner Bros., HBO, CNN, TBS and other networks.) While most of these relatively low-priced subscriptions are years away from being able to turn a profit, the media giants are willing to bear the cost and pay up for the content to attract and keep customers.But WarnerMedia also threw in an unusual perk for Abrams: He gets to own potentially as much as a 50% stake in the projects he creates for the company, according to NBC News. The inclusion of a term like that, combined with the value of the contract, makes the deal look like a rookie move by WarnerMedia and the executive spearheading its streaming strategy, John Stankey, a three-decade veteran of AT&T’s phone business. Either that or desperation. Virtually no other media or tech giant would likely agree to give up those content rights. In fact, Walt Disney Co. is moving to cut back on the profits it shares with showrunners and stars after hit series pass the crucial 100-episode mark and enter into lucrative syndication deals, according to the Los Angeles Times. Disney wants control over that future licensing windfall, preferring to instead divide profits earlier on, when they aren’t quite as big.It’s no wonder that after Disney, Comcast Corp., Viacom Inc., Sony Corp. and Netflix Inc. were all said to have looked at Bad Robot, AT&T and its new media moguls landed the deal. Stankey, known for a brusque management style, has already had a rough start when it comes to gaining the respect of his new media employees and shaping the vision for WarnerMedia. It's part of the reason shareholder Elliott Management Corp. launched an activist campaign at AT&T this week, calling for more operational focus and a clearer strategy. AT&T CEO Randall Stephenson recently promoted Stankey to chief operating officer in addition to his role presiding over WarnerMedia specifically.Stankey and Stephenson aren’t the only industry outsiders starstruck by Hollywood and feeling the pressure to pay whatever’s necessary to expand streaming-app libraries and keep viewers from canceling subscriptions. Apple TV+ has reportedly dished out $300 million for the first two seasons of “The Morning Show,” an original series starring big names like Jennifer Aniston and Reese Witherspoon. Disney+ spent about $15 million on each episode of its “Star Wars” series, “The Mandalorian,” which adds up to the cost of a big-budget film. But AT&T’s leaders are showing their inexperience in the world of content and entertainment, driving away key internal personnel while so eagerly courting Abrams. The company’s post-deal turnover was punctuated by the high-profile exits of HBO’s Richard Plepler and Turner’s David Levy earlier this year.In reporting on the Abrams deal, Bloomberg News also uncovered an interesting detail about what actually happened to Kevin Tsujihara. He’s the former head of Warner Bros. who left in March amid a sex scandal involving an actress with whom he was having an affair and was accused of helping to land film roles. At first it seemed like Tsujihara was going to stay on despite the scandal, and in fact he had even just been promoted by Stephenson. However, Bloomberg reports that Abrams’s wife, McGrath, essentially gave AT&T an ultimatum, saying that’d it be hard for Bad Robot and WarnerMedia to work together if Tsujihara was there. It all makes sense now.As for the deal, Stankey had better hope Bad Robot makes good movies, because it seems none of his industry peers were willing to offer what he did. To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- InvestorPlace
3 ETFs to Buy If You Want to Go Long Netflix Stock
Netflix (NASDAQ:NFLX) continues to face increased competition, and that's putting downward pressure on NFLX stock. On Sept. 10, Apple (NASDAQ:AAPL) announced the price of Apple TV Plus, the company's streaming platform. Set to launch on Nov. 1, it will cost the bargain-basement price of $4.99 a month. That's significantly cheaper than both Netflix at $12.99 a month (its most popular plan) and Disney+ at $6.99 per month. And, if you buy a new Apple device, you'll get Apple TV Plus free for the next year. InvestorPlace - Stock Market News, Stock Advice & Trading TipsOf course, Apple's new streaming service won't have nearly as much content as its peers, but it does plan to add more over time. Owners of NFLX stock have been nervous since it announced weak Q2 2019 results in July that showed a loss in U.S. subscribers and a failure to add as many international subscribers as analysts expected. Now, with Disney (NYSE:DIS), Apple, HBO, NBCUniversal and many others bringing out their streaming services, investors are wondering if the best days for Netflix stock are behind it. "Investor interest in Netflix is at a nadir with a view the stock will not work given these competitive launches the next few quarters," said Credit Suisse research analyst Douglas Mitchelson in a note to clients Sept. 9. "This suggests that for Netflix shares to rebound, 3Q19 results would have to come in well ahead of expectations."Maybe they will. Perhaps they won't. * 10 Big IPO Stocks From 2019 to Watch If you're unsure, but generally like Netflix's business model, you might want to buy these three ETFs as a safer alternative to NFLX stock. Invesco NASDAQ Internet ETF (PNQI)The first ETF to buy I've based on Netflix's weighting within the portfolio. The higher, the better.The Invesco NASDAQ Internet ETF (NASDAQ:PNQI) tracks the performance of the NASDAQ Internet Index, which invests in the largest and most liquid U.S.-listed internet-related companies.NFLX is the fifth-largest holding of the $539 million fund with a weighting of 6.27%. Also included in the top 10 holdings is Amazon (NASDAQ:AMZN), whose Prime video streaming service competes with Netflix for eyeballs. Overall, PNQI has 83 holdings, charges 0.60% (or $60 annually per $10,000 investment), and it has delivered a three-year, annualized total return of 16.7%. Fidelity MSCI Communication Services Index ETF (FCOM)The second ETF to buy I've based on the management expense ratio. The lower, the better.The Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) tracks the performance of the MSCI USA IMI Communication Services 25/50 Index, which invests in U.S. communication services stocks. NFLX is the eighth-largest holding of the $445-million fund with a weighting of 4.18%. Also included in the top 10 holdings are several of its competitors, including AT&T (NYSE:T) at 4.70% and Disney at 7.16%. * 7 Hot Penny Stocks to Consider Now Overall, FCOM has 110 holdings, charges 0.08% annually and it has delivered a three-year, annualized total return of 8.9%. ERShares Entrepreneur 30 ETF (ENTR)The third ETF to buy I've based on the number of holdings. The fewer, the better. The ERShares Entrepreneur 30 ETF (NYSEARCA:ENTR) tracks the performance of the ER30 Index, which invests in 30 of the largest U.S. large-cap entrepreneurial companies. NFLX is the sixth-largest holding of the $74-million fund with a weighting of 4.20%. Amazon is also one of the ETF's top 10 holdings.Overall, ENTR has 30 holdings, charges 0.49% annually and year-to-date has delivered a total return of 21.9%. It does not have a three-year return because it was only launched in November 2017. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 3 ETFs to Buy If You Want to Go Long Netflix Stock appeared first on InvestorPlace.
- InvestorPlace
Disney’s ESPN Strategy Will Have a Major Impact on Disney Stock
Sports network ESPN has been something of a double-edged sword for Walt Disney (NYSE:DIS), as well as the owners of Disney stock, for a long time. On a per-subscriber basis, it generates the most revenue in the sector. As a result however, cord cutting has taken the biggest toll on the media giant.Source: David Tran Photo / Shutterstock.com And there's no sign that the cord-cutting movement is going to slow down anytime soon. In fact, it appears to be accelerating.That's a key part of the reason Disney has launched ESPN, a streaming app that delivers sports programming. It's also part of the reason Disney now owns the bulk of Hulu, and is planning to launch the entertainment streaming channel dubbed Disney+ in November.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Discount Retail Stocks to Buy for a Recession Of the three, though, it's the ESPN+ piece of the company's streaming offering that could prove the toughest for DIS, as it will eventually pit the company against the television providers who are also its de facto partners. It may boil down to a matter of who flinches first. Fighting an Oversized HeadwindDisney doesn't provide a detailed revenue breakdown of the components of its "Media Networks" division. (Accounting for about one-third of Disney's revenue, Media Networks is its largest unit.) But some estimates suggest ESPN accounts for about 50% of the unit's top line. A little math work leads to a rough assumption that ESPN makes up 15% of Disney's total revenue.Cord cutting has made that piece of Disney's revenue pie tough to defend, though.The majority of cable packages include most of Disney's channels. Nearly all cable providers offer ESPN to their subscribers, though, even if some cable providers leave out a number of the company's other channels.As of 2017, cable providers were paying Disney an estimated $7.21 per subscriber per month for ESPN. With ESPN2 and ESPNU, the monthly total rose above $9.00. That's pretty lucrative for DIS, and that revenue stream has been a key supporter of Disney stock.That's why cord-cutting mania has proven so problematic for Disney stock and so worrisome for the owners of DIS stock. As of late last year, ESPN had lost approximately 14 million subscribers in just seven years, and eMarketer anticipates that the number of customers canceling their cable package will grow by another 19.2% this year.The solution, of course, is to offer those defectors an alternative. Even at a monthly price of $5.00, Disney can collect something from ESPN+ customers who are no longer cable subscribers. Even though $9 per month is way below $5 per month, something is better than nothing.The matter isn't nearly that simple, though. At the Tipping PointContrary to the rhetoric, ESPN+ is not an alternative to cable-delivered ESPN. It's an addendum to ESPN's sports programming. No major event that's broadcast on one is shown on the other, and only a few of the commentary shows appear to be available on both channels.That leaves the all-important Monday Night Football out-of-reach for cord cutters. But MNF isn't the only key program that's not available on ESPN+.That's because Disney doesn't want to further alienate the conventional TV providers it still relies on for a wide swath of its revenue.But nonetheless, DIS is starting to clash with the cable companies. Case in point: Disney is currently warning customers of AT&T's (NYSE:T) satellite TV provider, DirecTV, that they could soon be losing access to all of their Disney-driven content if the two companies don't renew their deal soon.Now that streaming platforms are being established and cord cutting is an increasingly viable option, DIS could take a harder line and start offering some content via ESPN+ that previously was only offered on older types of TV.Disney likely knows that access to sports programming is one of the key reasons consumers have not yet canceled their cable and satellite service. Many of those relationships are hanging by a thread, though. Bolstering the amount of content available through ESPN+ could help greatly accelerate the exodus from conventional TV. The Bottom Line on Disney StockThe great irony, of course, is that Disney is helping to drive the very cord-cutting movement it's also lamenting.Granted, it's got help from Netflix (NASDAQ:NFLX) and Amazon.com's (NASDAQ:AMZN) Prime streaming service, which offers a fair amount of sports programming itself. For Disney and Disney stock, though, establishing an alternative sports venue outside of traditional TV is still a savvy option that makes the best of a tough situation.At the very least, ESPN+ effectively monetizes the ESPN name and relationships with professional sports leagues. But ultimately, the company's relationships with cable companies may become too strained to continue in its current form. If DIS adds stronger programming to ESPN+, the $12.99 per month bundle of ESPN+, Hulu and Disney would become more appealing. It may even become appealing enough to accelerate the already rapid cord-cutting movement.However Disney decides to balance cable and streaming, ESPN's content is sure to remain its most enticing asset.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Disney's ESPN Strategy Will Have a Major Impact on Disney Stock appeared first on InvestorPlace.
