We came across a bullish thesis on The Walt Disney Company (DIS) on Investing Intel’s Substack. In this article, we will summarize the bulls’ thesis on DIS. The Walt Disney Company (DIS)'s share was trading at $109.72 as of 23rd May. DIS’s trailing and forward P/E were 22.39 and 19.30 respectively according to Yahoo Finance.
Disney’s stock surged following a strong earnings report that beat analyst expectations on both revenue and profits, driven by the company’s streaming services—Disney+ and Hulu—achieving profitability. This marked a key milestone, signaling a shift...
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