Legendary Investor Bill Miller Talks Amazon (AMZN), Disney (DIS) Takeover

Walt Disney Co (NYSE:DIS)

Bill Miller believes that Walt Disney Co (NYSE:DIS) could be a good acquisition for Apple Inc. (NASDAQ:AAPL) to help it rapidly expand its media offerings. Apple is becoming more aggressive on the media front recently, having signed Oprah to produce shows for what will undoubtedly be a new video platform launched by the tech giant.

However, Miller raises another interesting name as a potential Walt Disney Co (NYSE:DIS) buyer, that being billionaire Warren Buffett of Berkshire Hathaway. Miller states that Berkshire could spin off Disney’s theme parks into an MLP, immediately recouping a portion of the sale price, which could make the deal a little more palatable for the holding company. He also likes a Disney/Berkshire tie-up from the perspective that it would help diversify Berkshire’s portfolio of companies, which has little in the way of media/entertainment properties.

Tupperware Brands Corporation (NYSE:TUP)

Bill Miller IV listed Tupperware Brands Corporation (NYSE:TUP) as one of the stocks that Miller Value Investors has taken note of recently, citing the company’s safe dividend, which currently yields 6% annually. He pointed out that despite being a stable company that should achieve annual growth in-line with broader GDP growth and strong return on equity, Tupperware shares are currently trading near 6-year lows at less than half of what they were trading for in late-2013, in addition to being down by nearly 30% in 2018.

Tupperware Brands Corporation (NYSE:TUP) has been hurt by fears over the state of emerging markets, where it’s considered to have great growth opportunities, as well as by the strength of the U.S dollar. Tupperware cut its fiscal year 2018 guidance earlier this year, citing supply chain issues in Brazil, among other challenges, but believes that the majority of those obstacles are temporary.

Disclosure: None