No. of Recommendations: 4
I too am interested in DIS. Have posted a few times on the DIS board but no one else is there. (sad face) I agree the stock is under pressure and IMHO a good long-term opportunity. Personally, I have been accumulating under $90 for some time, so I am happy with the recent drop.
In a funny way, DIS reminds me of Apple, which I have also owned through many ups and downs. I remember when Macs were catching fire and a share of Apple was available for $13. Still, it was a well-run company with great products and a killer brand that was going to be around for a long, long time, so I held it and bought more. That has worked out remarkably well. I feel the same way about DIS. The upside seems so much higher than the downside, and they have a great brand(s) and an experienced team that knows how to execute. More importantly, this is a company and a stock that can grow forever. I'm happy to have a large position in DIS alongside BRK and AAPL my other large, long-term holds.
If they fix the TV problems the stock is worth $150 and probably more depending on what happens in the market for content. They also have to navigate the culture wars. It will be interesting to watch how that all plays out.
Happy to take this to the DIS board any time.
abromber
