| Disney Stocks are about to Move! |
| Global entertainment giant Disney (DIS) will announce Q1 earnings on 05/05/2020 after markets close. The company has been hit hard by the COVID-19 crisis, but top investors are looking at the bigger picture. |
| Positive |
| Disney is a diversified company with several income streams – and the entertainment industry is traditionally recession proof. Disney’s theme parks in China could be major money makers. |
| Negative |
| Disney laid off 100,000 US workers and halted production of various films. It’s also vulnerable to industry rivals like Netflix that are keen to move on Disney’s share of the already tough entertainment market. |
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