Streaming isn't a strength yet, but the parks business is doing incredibly well.
Disney's (DIS 1.16%) earnings results weren't impressive to investors, but this is still a powerhouse in entertainment. While streaming revenue and earnings slowly improve, Travis Hoium thinks there's one core part of the business to build on, which he covers in this video.
*Stock prices used were end-of-day prices of May 12, 2023. The video was published on May 15, 2023.
Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool 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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