Current Events > Why haven't you invested in Disney stock?

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https://www.cnbc.com/2019/11/13/jim-cramer-more-upside-in-in-disney-stock-after-a-phenomenal-run.html

CNBCs Jim Cramer on Wednesday crowned Bob Iger for his stewardship of the Walt Disney Company.

This is Bob Igers day. This is the day where all of us who believed in Igers leadership and Disneys amazing brands made out like bandits, the Mad Money host said. Not long ago, Iger told me were just getting started, and I say its still not too late to join him on his ride of a lifetime.

The comments come after the entertainment conglomerate revealed that the new Disney+ streaming service registered 10 million subscribers within the first day of its initially faulty launch. Disney expects to have between 60 million and 90 million subscribers by 2024 in the companys quest to challenge Netflixfor king of stream in the video category.

Today we got the real number. Its more than 10 million. Thats double my prediction, and I was the biggest bull out there, Cramer said.

The stock popped 7% on the news, and the Dow Jones Industrial Average cruised more than 92 points higher to 27,783.59 for another closing high. The S&P 500 also set another record after inching to 3,094.04. The Nasdaq Composite was the odd ball dipping almost 4 points to settle at 8,482.10.

After rallying about 27% within the first four months of 2019, Disney shares traded relatively flat over the next six months, according to FactSet. Shares have surged more than 13% in the month of November alone and are up over 36% to $148.72 year-to-date.

If you believed in Disney, you have been amply rewarded, and, you know what, I bet its got more upside, even after todays phenomenal run, the host said.
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not allowed to

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This disney plus thing is gonna take off, guaranteed.

Buy Walgreens before they get bought out
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I'm poor
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Fuck the evil mouse
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Feline_Heart posted...

I'm poor

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I have.
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Feline_Heart posted...

I'm poor

Then stop being poor

Buy puts in a week. It'll go back down.
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I don't make enough money to max out my Roth IRA and 401k, otherwise I would look more into individual stocks

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BignutzisBack posted...

I don't make enough money to max out my Roth IRA and 401k, otherwise I would look more into individual stocks

You do. You just spend too much
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BilalPowell posted...

You do. You just spend too much

No I definitely don't, I live in a very low cost of living area but that drives wages down as well. If I'm able to complete my CPCU designation that would change things though.

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Cause it's a satanic company run by the illuminate