The Walt Disney Company [DIS] What some people may not know, Disney bought Capital Cities/ABC back in 1995 and came into the ownership of ESPN. For the last few years ESPN has seen a steady decrease in the amount of *subscriptions each month and this last one was the worst they have ever seen. ESPN lost an estimated 621,000 subscribers in the last month. That's more than double the last couple months. So why will this impact Disney stock in such a negative way? ESPN accounts for about 75% of Disney's cable revenues. I looked up Disney's latest quarterly earnings and took a screenshot that you will see below.
The Happiest Place On Earth. The Most Magical Place On Earth.
The Walt Disney Company [DIS]
It was a rough year for Disney. From January 1 through October 28 the company lost roughly 10.6% in market cap from the $11.15 drop in stock price. That's not great. When you look at from exactly 12 months ago the numbers are even worse. Down 17% from it's high of $120.65. The price of Disney stock currently sits at $93.85 and has a *P/E of 16.84. I like to look at price to earnings ratios sometimes and compare them to other companies. The benefit of this is to see of the stock is trading cheaply, or more expensive. When it's lower, then it's cheaper and vise versa. It's VERY important to look at P/E compared to other companies within the sector. Comparing Disney and Ford would give you nothing. Using the stock screener on finviz you can see that Disney sits 5th from the top when ranked in descending order. Out of 13 total, DIS sits closer to the cheap end.
Because the World Series is being played right now I want to take this time to talk about baseball. Specifically how you can invest in the Atlanta Braves. I haven't written any posts in the last couple of days because I am as invested in the World Series as I have ever been. I am a huge Indians fan and got to go to Game 1. That was the greatest experience of my life.
Wednesday 12:55pm edit: These all suck Instead of analyzing just ONE equity I have decide I would make a list, do a little preliminary research and come up with a couple stocks I'd be watching this week. I ended up coming in with five and wanted to share them with you. (You being the four [generous] of you that will read this post). So without further ado, I present to you my 5 stocks to watch for the week of October 24th, 2016 in no particular order! *crowd goes absolutely banana's*
I have always been a fan of renewable energy. It's my belief that at some point in the future, whether it's in my lifetime or my kids, as a world we are going to have to start to rely heavily on renewable, cleaner energy. Solar and wind are a couple of my favorites. I have recently been looking into SolarCity Corp because a number of factors. So, let's start there.
Ticker Symbol CMG Let's get right into it. I love Chipotle. Their food is a go to lunch, dinner, snack,
anything really. They had that health scare (E. Coli) late in 2015 that absolutely killed their stock price. And actually it hasn't really recovered since then. They tried bringing back their customers by offering a free meal to people but ultimately that didn't work. People came back for THAT free meal, but then continued to stay away. I saw a noticeable difference in the lines at the chipotle I go to when that E. Coli seemed to really break out. In October, 2015 the stock price was at around $725. By the turn of the new year, the price got as low as $410. HUGE loss. Since then, it has tried making a comeback, but quickly fell back down with reports that it was no longer number 1 or 2 in their fast food/fast casual food category. As I write this, the stock price currently sits at $405.10 and I think that it represents a beautiful buy point. I'll try and explain my thought process here...
This being my first post on here I just wanted to drop a little disclaimer/what the heck I think I'm doing. First of all, I'm not affiliated with anyone and anything I post on here is based on a combination of none to moderate amount of research. That being said, this is just going to be a spot where I can get some of my opinions and thoughts down in writing. My plan moving forward is to post my market ideas/predictions as well as some of the stocks I am tracking. That doesn't mean random things won't periodically appear on here either. I think for me I'll try and use this a learning tool and then if anyone decides to read this, maybe offer up a different angle on something. I'm not going to preach my ways and say it's the right way, because there are hundreds of right ways. There are also hundreds of wrong ways as well. So if you think what I'm doing or how I'm doing it is stupid then feel free to vocalize it and let me know. So like I mentioned, these are just going to be my own opinions that you can like and dislike at your convenience.