Can theme parks carry Disney?
A slumping movie business is hurting revenue, but Disneyland and other parks are keeping investors enthusiastic about the stock.
Finally, an awesome positive piece from Jubak on my favorite stock, Disney! Disney released their prices for hotel rates and cruises a few weeks ago for 2013. The prices were shocking. Hotel rates have doubled. Cruises have quadrupled. Can they actually get these prices? If so, Disney will easily cross the $100 mark very quickly. But, Mr. Jubak, you are dreaming if you think this stock is going back down to $36 in this Bull Market. Besides, the new Marvel Avengers movie comes out in early May and there will be many more movies. What about a Global CNN for latinos? What about buying the predominant tv station in India? This stock is ready to explode upwards. Great article. I agree with every word except the stock dipping. But if it does, I'll buy more. When will it dip?
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The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
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