The long-term future of Disney is brighter than it seems.
Disney (DIS 0.02%) shares have been on a wild ride the last few years, culminating in Bob Iger returning as CEO and the company cutting $5 billion in spending, primarily on content. In the video below, Travis Hoium and Jon Quast take a step back and take a fresh look at Disney and why it may be a well-positioned company when the streaming wars finally end.
*Stock prices used were the end-of-day prices of Feb. 15, 2023. The video was published on Feb. 17, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jon Quast has no position in any of the stocks mentioned. Travis Hoium has positions in Alphabet and Walt Disney. The Motley Fool has positions in and recommends Alphabet, Netflix, 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.
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