Topic: How To Invest

Power Growth Investor Hotline – Friday, April 17, 2020

Article Excerpt

WALT DISNEY CO., $106.63, is a buy. The entertainment and media conglomerate (symbol DIS on New York) now has over 50 million paid subscribers worldwide for its Disney+ service. It hit that level just five months after its launch in the highly competitive streaming market. One big reason for the fast growth has been the COVID-19 outbreak, which has forced many people to stay at home. As well, paid subscriptions got a boost from expansion in Western Europe as well as India—where the service launched recently as part of the Disney-owned platform Hotstar. Disney now has eight million subscribers in India. The service also was rolled out in recent weeks in eight European countries, including the U.K., France and Spain. The company reported just 28.6 million paid Disney+ subscribers in early February. It originally expected to have 60 million to 90 million subscribers by the end of 2024. Walt Disney recent coverage: Hotline for April 3, 2020 Hotline for February 7, 2020 AMERIGO RESOURCES LTD.,…

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