Prediction

Disney Stock Pullsback 30% But Company Continues To Expand

Disney stock recently crashed down to under $160 per share from recent highs of $202 but with an ever expanding company list, this could be the perfect time to buy.

Did you know that Disney offers a lot more than just theme parks, merchandise and Disney+ streaming? Here is the full list of subsidiaries under the Walt Disney holding company:

  • Hulu
  • shopDisney
  • Pixar
  • Marvel
  • Disney Cruise Line
  • Disney Parks
  • Disneyland Resort
  • 20th Century Studios
  • Walt Disney Pictures
  • Abc broadcasting company
  • Lucasfilm
  • Fox Networks
  • Walt Disney Studios
  • Baby Einstein
  • Adventures Disney
  • The Walt Disney Company
  • Blue Sky Studios
  • Walt Disney World Company
  • Star India
  • Walt Disney Studio
  • Walt Disney Television
  • ImageMovers
  • Walt Disney CIS
  • Marvel Studios
  • Walt Disney Imagineering
  • ESPN Radio
  • Disney Animation Studio
  • Touchstone
  • A+E Network
  • Disney Institute
  • Cartoon Pizza

The list actually goes on but these are the most popular names that you might recognise. With this list of companies it is almost impossible to watch TV or a movie without Disney being involved. Their Disney+ streaming service is also considered by many to be better than Amazon Prime but still far behind the giants of streaming: Netflix.

Covid was a mixed bag for Disney as although their live venues shut down their streaming service continued to grow due to homeowners and children not being able to leave their homes for months.

Expected lows of $125 are possible if Disney continues to crash downwards but highs of $200+ in the next 12 months are almost certain if they continue to perform well and grow.

Image courtesy of Finance.Yahoo.com

What does excite investors about Disney is the new VR future that Meta have recently exploded onto the scene with. Already with a giant customer base, in house video makers, VR worlds built and studios that use cutting edge technology, Disney can be at the forefront of this market with very little effort. If they can show how their technology enhances Meta worlds then they could soar to unimaginable heights as a company. Still with a market cap of just 285Billion the growth potential here is incredible and very exciting.

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