Even Walt Agrees
Time To Buy Disney "DIS"
I'm a bottom fisher. I remember buying Ford and GE during the financial crisis of 2008. Both ended up being four to six baggers. I like to buy great brand names that, for one reason or another, usually due to their own decision making, are now currently "in the crapper". You don't have to look all that hard to find today's best candidate; Disney "DIS". It's called "value investing". Step away from trading the indices and put your money to work for longer than fifteen minutes.
Talk about shooting yourself in both "woke" feet. It's like watching the "Gang That Couldn't Shoot Straight" but there's far too much name recognition value there and certainly some non-performing assets that can be spun off to create cash flow to reinvest more wisely than they have in the recent past. I've even heard that Apple might even make a play for them. Not exactly why I'm looking but "out-of-nowhere" events do happen. I can see Buffet throwing money on this one as well. Who knows, maybe OXY can find oil under Disneyland š.
Regardless it's a fallen star that over time will once again burn brightly. When, sorry the crystal ball is a little cloudy but if my track record serves me right, it's going to happen and I'll be on board prior to liftoff. I'll be more direct, I've been buying it since its last earnings report. It's only up a couple points but I'm a very patient investor and it works.
Do your own due diligence. This one is worth your time, energy and a piece of your available capital. Best to all. Iām really busy; look for me on LinkedIn and connect with me at https://www.linkedin.com/in/david-zimmer-4354731a3/.
Sorry, had too . . . š
Byron Allen offers $10.0 billion for ABC, FX, National Geographic and more. What else are they going to sell. What are they going to do with the money. I guess the crystal ball was clearer than I thought.
Hmm.