Disney: Upgrading To Buy As Streaming Turns Profitable And Valuation Becomes Attractive

Core Insights - Disney is recognized as a fundamentally strong company with invaluable intellectual properties (IPs) and a renewed focus on Disney+ and direct-to-consumer (DTC) strategies that have reignited growth, although there are still areas where it lags behind [1]. Group 1 - Disney has a strong foundation due to its valuable IPs, which contribute to its market position [1]. - The company's focus on Disney+ and DTC initiatives has led to a resurgence in growth, indicating a strategic pivot towards digital platforms [1]. - Despite the positive developments, there are still challenges that Disney faces in certain segments of its business [1].