Morningstar Analyst Recommends Disney
Source: http://ceoblogger.wordpress.com/2008/08/06/morningstar-analyst-recommends-disney/Posted on Tuesday, August 5th, 2008 | In Current Market News, Market Commentary, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -
Walt Disney has developed some of the most popular and enduring animated franchises of all time. In addition to creating and exploiting great content, the company controls a large library of films and owns the powerful Disney and ESPN brands. We believe these competitive advantages result in a wide economic moat.
At recent prices, Morningstar analyst Larry Witt, CFA expects Walt Disney stock to return 19% over the next three years, which is more than the market seems to be expecting.
Track Larry’s pick at:
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