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Here's Who Will Save Disney Stock From "The Lone Ranger"

On the heels of The Lone Ranger's failure at the box office so far, analysts are estimating that Disney  (NYSE: DIS  ) may be forced to take a writedown of at least $100 million -- similar to last year's $200 million writedown for John Carter.

If that's the case, then why has Disney stock risen around 2% so far this week?

According to Fool contributor Steve Symington in the following interview with the Fool's Alison Southwick, investors aren't (and shouldn't be) worried about Disney stock in part because the stellar $1.2 billion global performance of Iron Man 3 should be more than enough to offset the dominant entertainment company's Lone Ranger losses.

But what do you think? Please watch the following video to get Steve's full take, and then let us know whether you think Disney stock is still a "buy" in spite of The Lone Ranger's dismal take so far.

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 09, 2013, at 10:09 PM, stockdissector wrote:

    I think Lone Ranger was great but I have odd tastes.

  • Report this Comment On July 09, 2013, at 10:11 PM, stockdissector wrote:

    Disney is a diverse company. I think it will do ok.

  • Report this Comment On July 11, 2013, at 4:48 PM, learningfool1873 wrote:

    Disney has so many different parts to the whole, if one does stumble, the others are strong enough to keep it going strong. Disney would have to TRY to be terrible in order to really fail. I plan on being with Disney for years to come.

  • Report this Comment On July 11, 2013, at 7:04 PM, earlyseller wrote:

    I am disappointed that so many movie goers are CLEARLY disappointed in "The Lone Ranger" as a presentation of a 'hero' of old. I still plan to see the flick tomorrow with the wife and am also very pleased to have shared "Despicable Me 2" with my 8 year old grandson last week. I still remember movie serials of Tarzan from decades & decades ago when theaters gave out dishes to patrons on special days like Tuesdays.

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