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5 Struggling Stocks to Buy at a Discount
The Motley Fool· 2024-01-14 13:20
The S&P 500 was on the verge of setting an all-time high this past week, but not every stock in the index is a winner these days.In fact, some stocks still trade down sharply from their 2021 peaks, especially many of those that soared during the worst parts of the coronavirus pandemic. If you're looking to scoop up some shares of stocks still sitting in the bargain bin, keep reading to learn about five stocks with high growth potential that are trading at a discount. 1. RokuRoku (ROKU -0.69%) offers the lea ...
Disney's Pixar Animation Studios to reportedly slash jobs
New York Post· 2024-01-12 16:51
Disney-owned Pixar, the animation studio behind blockbuster franchises “Toy Story,” The Incredibles” and “Finding Nemo,” is set to slash jobs, according to reports. The studio has “completed production on some shows and now has more staff than it needs,” Reuters reported on Friday, citing an anonymous source. TechCrunch had reported earlier this week that Pixar will chop headcount by as much as 20% this year, reducing staffing to roughly 1,000 from the current 1,300 that work for the studio.However, the an ...
Disney Layoffs 2024: What to Know About Potential Pixar Job Cuts
InvestorPlace· 2024-01-12 15:13
Disney (NYSE:DIS) layoffs are coming to the happiest place on Earth as the company looks to cut workers from its Pixar animation studio.Disney has confirmed that layoffs are coming to Pixar later in 2024 but hasn’t commented on how many employees will lose their jobs. Insiders claim it could be as many as 20% of the animation studios’ 1,300 workers that get sacked.Inside sources reported that the Disney layoffs are mostly going to be focused on Pixar employees hired to make content for Disney+. The streamin ...
The Next Media Giants: 3 Stocks to Buy for Blockbuster Returns
InvestorPlace· 2024-01-11 19:25
The rosy, demand-rich period of the COVID-19 pandemic is over, and media stocks haven’t been faring well as of late. The sheer number of streaming services results in a dizzying array of things to watch. Sprinkle in decreasing ratings, increasing costs, and difficulty producing original content, and we have a recipe for disaster. Of course, not all companies are in the mud. Despite turbulent times and unflattering outlooks, some media stocks are chugging along quite nicely. These companies manage to maintai ...
Investment Hotspots: 3 Stocks Where the Money's Flowing in 2024
InvestorPlace· 2024-01-11 18:13
Halfway through January, investors are wondering what the most popular investments for 2024 will be. In 2023, the top-performing stock index was the Nikkei 225, up 30.1%, 590 basis points higher than the S&P 500. Coming in a distant third was the STOXX 50, a collection of 50 of Europe’s largest companies. The three worst-performing indexes in 2023 by return were the S&P China 500 (-12.5%), S&P GSCI (-12.2%) and WTI Oil (-11,5%). The investment hotspots of 2024 have yet to be discovered, so there is still ...
Haley, DeSantis clash over Disney and government's role in business
CNBC· 2024-01-11 05:17
(COMBO) This combination of pictures created on January 04, 2024 shows (L) Florida Governor Ron DeSantis gestures as he speaks during the fourth Republican presidential primary debate at the University of Alabama in Tuscaloosa, Alabama, on December 6, 2023, and (R) former Governor from South Carolina and UN ambassador Nikki Haley looks on during the fourth Republican presidential primary debate at the University of Alabama in Tuscaloosa, Alabama, on December 6, 2023.WASHINGTON — Florida Gov. Ron DeSantis an ...
DeSantis says his Disney fight was to ‘protect our kids,' while Haley says government shouldn't bully businesses
Market Watch· 2024-01-11 03:56
Florida Gov. Ron DeSantis defended his high-profile battle against the Walt Disney Co. during a debate on Wednesday night, while rival Republican presidential hopeful Nikki Haley criticized his treatment of the entertainment giant.“The proper role of government, if it means anything, it’s to protect our kids, and I’ve stood for the innocence of our kids. It is wrong to sexualize the curriculum,” DeSantis said, when he was asked whether his feud with Disney DIS, -0.42% squared with the conservative view that ...
The Streaming Wars: 3 Media Stocks Dominating the Digital Age
InvestorPlace· 2024-01-10 17:00
The streaming industry continues to struggle. The race to develop content and gain market share has left many companies overstretched and unprofitable. At the same time, the need to raise prices has forced consumers to pick and choose which streaming platforms they will keep, jettisoning many subscriptions and leading to a loss of revenue. The unsustainable situation has led to a decline in many media stocks that operate streaming services. Analysts increasingly expect a wave of consolidation to sweep the s ...
Disney Is Already Winning the Proxy Battle
The Motley Fool· 2024-01-10 16:55
Walt Disney (DIS -0.29%) is getting ready to defend its life on several fronts. It's no longer just Nelson Peltz from Trian Fund Management throwing stones at the House of Mouse. At least three other activists are setting the stage for a proxy battle ahead of the media giant's upcoming annual shareholder meeting.It's not a surprise that Disney is in the crosshairs. The stock has fallen well short of the market in each of the last three years, shedding more than half of its value since its early 2021 peak. T ...
Walt Disney (DIS) Advances But Underperforms Market: Key Facts
Zacks Investment Research· 2024-01-08 23:47
Walt Disney (DIS) closed the most recent trading day at $91.55, moving +0.72% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.41%. Meanwhile, the Dow gained 0.58%, and the Nasdaq, a tech-heavy index, added 2.2%.Coming into today, shares of the entertainment company had lost 2.07% in the past month. In that same time, the Consumer Discretionary sector gained 3.64%, while the S&P 500 gained 2.9%.Investors will be eagerly watching for the performance of Walt Disney in its upco ...