No. of Recommendations: 5
According to Barrons' Inside Scoop, James Gorman, DIS board member, just bought 20,000 shares at 106.03. It's always a good sign when insiders are buying. My guess is he sees the share price more likely to go up than down from here, possibly up a lot over the next few years. We'll see if anyone else follows suit.
Now that they are building the brand rather than eroding it, watch the revenue numbers. They're higher than before the pandemic (good news), but still flat (bad news). When they start moving up, so will the stock price.
barrons.com - Disney stock buy james gormanabromber
