Why Disney Is My Favorite Investment on the Stock Market Today
Disney’s intellectual property is second to none, providing ample monetization opportunities.I don't believe there's any chance this is possible, highlighting the company's moat.Rising operating incomeDisney's DTC streaming segment reported billions in operating losses over the past few years, as management investing aggressively in content, technology, and marketing to scale up the platform and grow subscribers. This pressured the profitability of the overall business.However, the combined DTC services were profitable in the last two fiscal quarters, which appears to be the beginning of a new upward trend. The leadership team expects a long-term double-digit operating margin for the segment that could see billions flow to the bottom line in the not-too-distant future.Executives also plan to double capital expenditures in the Experiences segment over the next decade to $60 billion. The goal is to expand capacity at theme parks with new attractions. What's more, Disney will add seven n