|Bid||91.65 x 900|
|Ask||91.70 x 800|
|Day's range||91.68 - 92.22|
|52-week range||78.73 - 118.18|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||71.48|
|Earnings date||06 Feb 2024 - 12 Feb 2024|
|Forward dividend & yield||0.60 (0.66%)|
|Ex-dividend date||08 Dec 2023|
|1y target est||96.39|
It's the battle of the streaming giants. In the debut episode of Good Buy or Goodbye, Sarge986 LLC President Stephen "Sarge" Guilfoyle explains why he is buying Disney and avoiding Netflix. Guilfoyle likes Disney (DIS) because of its valuation and the activist investment from Trian's Nelson Peltz. Guilfoyle argues that if Peltz can put pressure on CEO Bob Iger and other board members, it can be "hugely positive, just in perception terms." Guilfoyle also points to the stock's technicals, saying the stock has support at around $86. As for risks, Guilfoyle says if Peltz's proxy fight fails or Iger doesn't appease him or work out a compromise, it could be "a big negative for shareholders." A deep recession would present a downside for Disney stock too, he adds. So what does Guilfoyle not like about Netflix (NFLX)? The stock is "really expensive relative to Disney" and the streamer is burning through too much cash, Guilfoyle explains, adding "they are priced as a growth stock, they are not a growth stock." Guilfoyle also points to bearish technicals. Guifoyle says his "panic point" on Netflix would be if the stock starts to reach a triple top. You can watch more Good Buy or Goodbye by clicking here. Catch this full episode of Yahoo Finance Live here.
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Walt Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering Disney+'s family-friendly content with more general entertainment fare, such as FX's intense kitchen drama "The Bear" and the popular reality show "The Kardashians." The combined offering, known as "Hulu on Disney+", will be available in an early "beta" version to domestic subscribers to the Disney Bundle of streaming services. Disney CEO Bob Iger told investors last month that the company would begin offering a "unified one-app experience" that would make Hulu's programs, including "Only Murders in the Building" ABC's "Abbott Elementary," adult animation stand-outs like "Family Guy," available to certain Disney+ subscribers.