Shares of Disney have fallen after earnings, but investors shouldn't be surprised by the company spending on streaming. Does the market's short-term view make this a long-term buy? Travis and Jason discuss in this video.
Disney (DIS -0.35%) has been spending tens of billions of dollars building content for its streaming services, and investors are getting tired of the spending after the company's third-quarter 2022 earnings report. But is this the right move long-term?
In this video, Travis Hoium and Jason Hall discuss why this could be a great time to buy Disney and hold it for the next decade.
*Stock prices used were the end-of-day prices of Nov. 8, 2022. The video was published on Nov. 9, 2022.
Jason Hall has positions in Upstart Holdings, Inc. and Walt Disney. Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix, Upstart Holdings, Inc., and Walt Disney. The Motley Fool recommends Comcast and recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
