The Best Stock to Buy Now: Top Pick to Position You on Entertainment's Center Stage
My new top stock recommendation for the best stock to buy now isn't a tech startup or computer company, surprisingly. Instead, it’s poised in position in the entertainment industry for long-term growth, showing that the yellow brick road to wealth isn’t paved with gold but with glitz.
The Best Stock to Buy Now, #1: This American Entertainment Giant Makes Your Investment – and Your Portfolio – Skyrocket (Like Magic)
Here is my top recommendation for the
best stock to buy now.
Above all, a great stock to buy to start
building or continue adding to your stock portfolio, leading as the most
popular stock currently, is The Walt Disney
Co., DIS, traded on the NYSE, according to Mark Hulbert, a financial
columnist for MarketWatch, in an opinion article, ‘13 stocks these winning
stockpickers recommend now, published on January 29, 2018, and is recommended
by five of nine market-beaters from the following list of stock-picking investment
newsletters: Nate’s Notes (Nate Pile) 20.8%, Investment Reporter (Marc Johnson)
14.9, Linde Equity Report (Teal Linde) 14.1,
The Prudent Speculator (John Buckingham) 13.4, The Turnaround Letter (George
Putnam) 12.5, Investor Advisory Service (Douglas Gerlach) 12.2, The Buyback
Letter (David Fried) 11.5, Investment Quality Trends (Kelley Wright) 11.2,
Sound Advice (Gray Cardiff) 10.7.
America's biggest Entertainment stock burst like fireworks in 2017…and an overview of this media giant’s figures shows exactly why it’s in the forefront.
Disney shows promise in earnings from
its Parks & Resorts and Studio divisions, according to Zacks
Equity Research, in a Yahoo Finance article, ‘Disney (DIS) Q1 Earnings: Parks
& Resorts, Studio Holds Key’, published on January 30, 2018, expected
soon to report its first-quarter fiscal results for
2018 on February 6.
Disney is hopeful to report positive
earnings in the first-quarter of 2018, currently slated at $1.60 and observed
the consensus estimate increased by .01 in the last 30 days, reflecting a
year-over-year increase of almost 3.2%, boosting confidence in the stock, which
witnessed an earnings decline of 3% in the previous quarter, according to The
Zacks Consensus Estimate for first-quarter 2018. In the meantime, first-quarter
revenues of $15,196 million are expected, which are up 2.8% from the past year
period, according to analysts polled by Zacks.
Disney’s Parks & Resorts division, which
performed above and beyond in fiscal 2017, is likely to receive momentum in
first-quarter fiscal 2018. During fourth-quarter fiscal 2017, the division reported
a revenue increase of 6% following a gain of 12%, 9%, and 6% in the third,
second, and first quarters, respectively. The consensus mark for revenues from
the division for the first-quarter is slated at $4,866 million, which was up
6.8% year-over-year. Presently, Disney is focused on investing its capital from
revenues into expanding its Parks & Resorts division, thus increasing its market
share and creating long-term growth.
Following a decline of 3% in the preceding quarter, the division
is likely to report a year-over-year increase of 1.8% to $6,346 million in
revenues, propelled by an increase in revenues at Cable Networks, according to analysts
polled by Zacks, as Cable Networks and Broadcasting anticipate a report of $4,531
million and $1,813 million revenues, which are up 2.3% and 0.4%, respectively.
Disney is concentrating its efforts on reviving ESPN’s golden
days of sports programming, although it is expected to be some time before the division
makes a grand revival. Furthermore, the company has penned a deal with video
streaming, data analytics, as well as commerce management company, BAMTech
in
an attempt to attract on-line viewers. Moreover, the company will begin on-line
streaming services for ESPN sports in early 2018, and its branded
direct-to-consumer streaming service will offer Disney movies, as well as Disney
TV shows in 2019. Specifically, the ESPN-branded multi-sport
streaming service will offer an option to watch 10,000 live international,
national, and regional games every year. Additionally, sports
tournaments, such as Major League Baseball, National Hockey League, Major League
Soccer, Grand Slam Tennis, and college sports will be live-streamed.
Disney’s Studio division, which produced blockbuster hits
in 2016, and impressed investors, although down in 2017, as movie industry was
off for the year, yet promisingly its newest movie, ‘Star Wars: The Last Jedi’,
performed exceptionally at the box office. Furthermore, ‘Thor: Ragnarok’, and ‘Coco’
were also released during the quarter and performed solidly at the box office, hovering
above $1.3 billion, $850 million, and $680 million in revenues,
respectively. Analysts expect Studio division revenues of $2,767 million, which
were down 9.8% year-over-year, according to Zacks recent poll, Walt
Disney Company (The) Price, Consensus, and EPS Surprise.
Overall, you'll reap the rewards of your stock pick when you review your investment portfolio in a few years.
"If you can dream it, you can do it" – Walt Disney
Happy Investing!
"If you can dream it, you can do it" – Walt Disney
Happy Investing!
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