Fox_Technicals

$DIS: America's Sweetheart is Wobbly

NYSE:DIS   Walt Disney Company (The)
Labor shortages, increased streaming competition, sub par content as of late. Will value investors step in and save it at 170 or is this a major crossroads in the future of this giant. The bullish case here mostly lies in whether or not inflation will persist. If we see the dollar continue to improve, value names may be on the table which will involve this getting snapped up. However, if inflation is persistent it may be a huge struggle to retain labor and could put a dent in streaming profits

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.