Brian Belski, BMO Capital Markets Chief Investment Strategist, discusses the consolidation of streaming companies and his bullish case for Netflix. You can see the full interview here. Key video highlights 00:17 On the case for consolidation 00:30 On the winner of streaming 00:47 On Disney's potential 01:05 On the expense of content.
Now that the downturn has exposed some stocks that may have lacked the fundamentals to justify their lofty valuations, you can focus on the blue-chip growth stocks that got tossed out with the kitchen sink. The Walt Disney Company (NYSE: DIS) doesn't scream growth stock at first glance, but some good things are bubbling under the surface at the House of Mouse. The company has leaned on its iconic intellectual property, including brands like Pixar, Marvel, and countless classics, to build a streaming business that has exploded in growth since launching in 2019.
Disney (DIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.