Today's video focuses on stock price action, valuation metrics, and recent news affecting Microsoft (MSFT +1.40%) and Disney (DIS 0.72%). Here are some highlights from the video.
- Since June 2, 2021, Microsoft has completed at least eight acquisitions in various markets. Its most recent purchase was on Oct. 7, when it announced that it had purchased Ally.io, a leading OKR (objectives and key results) company. Microsoft has also made recent acquisitions to improve its cybersecurity solutions and Microsoft 365 solutions, and increase its cloud products.
- Disney has had numerous roadblocks throughout the past year due to COVID-19 and lockdown restrictions affecting its outdoor experiences business. In late September, Disney's CEO mentioned that the delta variant is causing delays in video productions, which can trickle down and cause a slowdown in subscriber growth for its streaming services.
- At the time of the video recording, Microsoft's stock price was down roughly 4% from its highs, and Disney's stock price was down approximately 14% from its highs. Disney has seen numerous roadblocks through the past year and continues to see roadblocks that may be causing investors to be wary of its current valuation. In the video, I look at valuation metrics that might show some bullish sentiment toward Disney's current price.
Click the video below for my full thoughts and analysis.
*Stock prices used were the midday prices of Oct. 12, 2021. The video was published on Oct. 12, 2021.
