Stock is down about a third from its 52-week high. Growth has flattened, but it's buybacks and dividends galore. Trades at a 14.8% free cash flow yield.
Excellent write up. Modern World also did a great analysis as well. Regarding, $WBD, I remember when they took a run at Disney.
I do think Universal Studios could suffer in a downturn, but long term I think the addition of Nintendo World will have a positive impact to an audience and crowd of younger generations. Disney seems to be squandering their brand and relevance in recent years
Excellent write up. Modern World also did a great analysis as well. Regarding, $WBD, I remember when they took a run at Disney.
I do think Universal Studios could suffer in a downturn, but long term I think the addition of Nintendo World will have a positive impact to an audience and crowd of younger generations. Disney seems to be squandering their brand and relevance in recent years
Anyway, I also think the stock is cheap.
Agree. I did a little write up of my own a few weeks ago. CMCSA is down 10% since I wrote it on the heels of the Paramount/Warner news.
https://open.substack.com/pub/thisisthemodernworld/p/jurassic-world
Great read, thanks for sending.