As $DIS prepares to unveil Disney+, chart suggests break of a four-year rut TradingNation
Disney has been quiet on details about its streaming service Disney+ heading into its investor day Thursday afternoon.
"My thinking is it gets up to $120 which is a key level and above that it will allow for this longer-term rally to continue," said Newton."For most that are looking short term, yes it does look overbought but it's really important to have a longer-term perspective and look at the stock since it's traded from 2009."
Erin Gibbs, portfolio manager at S&P Global, is also long-term bullish on the stock even though she expects a slight earnings contraction this year.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Disney Laid The Groundwork For Disney+ Long Before Netflix Was KingTwo senior Disney executives predicted a seismic shift in the media landscape, and set the media company on a course to acquire entertainment brands. That will serve it well as Disney prepares to launch a streaming service.
Weiterlesen »
Factbox: Marvel, monsters and 'Mandalorian' coming to Disney+ appWalt Disney Co will unveil new details on Thursday about Disney+, a family-frien...
Weiterlesen »
Here's everything we know about Disney+ and everything we don't ahead of Disney's investor dayAfter months of Disney CEO Bob Iger doling out tidbits of information, investors will finally get their first look at Disney's streaming service Disney+ on Thursday.
Weiterlesen »
Disney draws second upgrade in two days as Wall Street eagerly awaits streaming service launchBMO Capital Markets upgraded Walt Disney Company stock Wednesday as the media content giant prepares to launch its streaming service.
Weiterlesen »
Here are the biggest analyst calls of the day: Disney, Facebook, U.S. Steel & moreHere are the biggest calls on Wall Street on Tuesday
Weiterlesen »
Here are the biggest analyst calls of the day: Apple, Disney, Under Armour, homebuilders & moreHere are the biggest calls on Wall Street on Wednesday
Weiterlesen »
Disney to pitch video streaming service to Wall StreetWalt Disney Co on Thursday will unveil a family-friendly streaming service with ...
Weiterlesen »
Disney CEO Iger takes a dig at social media, says Hitler would have loved it: VarietyWalt Disney Co Chief Executive Officer Bob Iger took a dig at the popularity of ...
Weiterlesen »
Disney CEO Bob Iger: 'Hitler would have loved social media'Accepting an award for his humanitarian work Wednesday, Disney CEO Bob Iger attacked social media for its role in spreading hate. “Hitler would have loved social media,' said Iger at the Simon Wiesenthal Center tribute dinner, according to Variety.
Weiterlesen »