I believe in Disney's growth in China.
I would suggest to hold if you bought it before but to buy if you are a growth investor. China is a great market. If you didn't buy the stock yet. Don't worry septmember revenue wasn't released yet and it will probably not be as good as in June there will be buying oportunities. Disney has a high P/E 20.90 vs 18.80 Industry their sales growth rate in 5yrs slowed down compared to the industry, 3,51% vs 5.63 i think with this investment in china we will see better growth rates the company doesn't have large debt, has a good asset and inventory turnover and a very good margin. I believe there is a good oportunity to catch the stock now and have good returns.
I would suggest to hold if you bought it before but to buy if you are a growth investor. China is a great market. If you didn't buy the stock yet. Don't worry septmember revenue wasn't released yet and it will probably not be as good as in June there will be buying oportunities. Disney has a high P/E 20.90 vs 18.80 Industry their sales growth rate in 5yrs slowed down compared to the industry, 3,51% vs 5.63 i think with this investment in china we will see better growth rates the company doesn't have large debt, has a good asset and inventory turnover and a very good margin. I believe there is a good oportunity to catch the stock now and have good returns.