5 Best Undervalued Stocks To Buy Now According To The Media

This article presents an overview of the 5 Best Undervalued Stocks To Buy Now According To The Media. For a detailed overview of such stocks, read our article 15 Best Undervalued Stocks To Buy Now According To The Media.

5. The Walt Dinsey Company (NYSE:DIS)

No. Of Hedge Fund Investors: 89

Many believe The Walt Dinsey Company (NYSE:DIS) would be able to get back to its glory days under the leadership of Bob Iger. One of the famous analysts bullish on The Walt Dinsey Company (NYSE:DIS)is Jim Cramer. Activist investor Nelson Peltz is also getting ready for a proxy fight at The Walt Dinsey Company (NYSE:DIS) which could cause a major shakeup and eventual positivity for The Walt Dinsey Company (NYSE:DIS).

Madison Sustainable Equity Fund made the following comment about The Walt Disney Company (NYSE:DIS) in its Q3 2023 investor letter:

“During the quarter, we sold our positions in Bristol-Myers Squibb and The Walt Disney Company (NYSE:DIS).  The Walt Disney Company is facing a difficult and uncertain transition in its core media business assets including the ESPN business and other linear media assets. These media assets are cash generative but face secular decline as consumers are cutting their expensive cable subscriptions and moving to alternative streaming options. This has resulted in a decline in operating profits for the media division. The media business has long-term fixed costs related to its sports broadcasting agreement with multiple sports leagues which will further pressure profits during this transition.”