Is Disney a Buy Ahead of Its Event?

Credit: The Street
Published on April 11, 2019 - Duration: 00:32s

Is Disney a Buy Ahead of Its Event?

Disney is having a busy day Thursday.

The company is gearing up for its investor day, where it's going to unveil it's highly anticipated competitor to Netflix --Disney+.

Disney is Real Money's Stock of the Day.

So, in honor, Real Money's Kevin Curran--who specializes in reporting on Stock of the Day--joined TheStreet's Katherine Ross to discuss whether or not he feels like Disney would be a buy following his reporting.

"Well, I would [say it's a buy] because there's so many catalysts as we mentioned and I think that you don't have to take my word for where we had Stephen Guilfoyle this morning saying that he was looking at the charts and he thinks that a breakout into the $130's is actually conservative and I know that Action Alerts Plus as a long-term holder as well," said Curran.

When you're looking at that streaming platform there could be valuation side on like Netflix, Apple and Amazon now as a four-headed monster of streaming services.

I think that's going to be something really interesting to watch and could add a lot of value to that stock in the near term." Related.

Disney's Investor Day Has Analysts All Aflutter Like Tinker Bell

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