Disney Stock To Be Driven By Star Wars Release

Can Disney Stock Ride The Star Wars Craze To Newer Heights?

Disney (NYSE:DIS) is set to release the next movie in the Star Wars Franchise in mid-December. With expectations for $2 billion in ticket sales, the financial impact on Disney could be significant.

Disney stock is trading above its 52 week moving average, and the strong performance by a well established franchise, with close to 4 decades of fandom, could drive the Disney stock to newer highs in the coming months.

Disney is primed for success with the release of the first Star Wars movie since the company bought Lucasfilm limited in 2012. Strong topline growth accompanied by strong EPS growth, attractive valuations and Disney's strong management make Disney Stock a really attractive buy.

Disclosure: I do not hold any positions in the stocks mentioned in this post and don't intend to initiate a position in the next 72 ...

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