As far as value goes in today's stock market, some of the highest quality stocks in the world are now trading at some extremely attractive valuations, including The Walt Disney Co. (NYSE:DIS).
This is truly a stock picker’s dream. While volatility is likely to remain elevated for some time, for those who can stomach the near-term, loading up on great long-term holds like Disney at these prices could work out extremely well over the long-term.
Certainly, Disney's theme parks, cruise business, and media segment (its large blockbuster movie releases have all been delayed) will suffer badly in the upcoming fiscal quarters.
However, the reality is that a significant portion of the Disney brand revolves around physical experiences. This is both a gift and a curse (definitely more of a latter, of late). I can definitely understand the bearish perspective of many, who think these shares may not be cheap enough and may be waiting for a fire sale before jumping into any company, let alone Disney.
That said, I've said it before and I'll say it again: I believe Disney’s saving grace right now is the company's streaming platform, Disney+. The Disney+ platform passed 50 million subscribers in mid-April. This is extremely impressive, considering Netflix (NASDAQ:NFLX) had around 165 million subscribers at this time.
This has become a key focal point for investors as the company looks to build market share in a very fast-growing market segment. I believe Disney will continue to perform well for investors over the long term and represents great value at these levels for those with a long-term investing time horizon.
Invest wisely, my friends.
