Ride this Power Buy to higher gains

Article Excerpt

Disney stock was already up 25% this year before the launch of its video streaming service, Disney+. A day after that launch, it was up 36%. We believe the new business holds the possibility of much higher gains for Disney investors. We urge you to join them: Disney is a Power Buy. Over the years, the company has expanded its stable of properties. It now includes theme parks and resorts, media networks like ABC and ESPN, a cruise line, movie studios and more. But the need for a comprehensive streaming platform had become increasingly urgent with the rise of Netflix and other home-entertainment competitors. They now include Apple TV+, AT&T’s HBO Max, and Comcast’s Peacock. With access to 500 Disney titles and 7,500 TV episodes, Disney+ is primed to capture a significant share of streaming sales and to further build value for Disney investors. The potential for significant future gains helps explain the estimated $2.6 billion the company has poured into developing the…