An initial breakout of our ‘Accumulate’ price zone.
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16.9x TTM Unlevered Pretax Free Cashflow
by Alex King
Personally I always like to identify and keep in mind a couple of touchstones as to why I own a particular stock or ETF at any particular moment. There is too much going on most days to think deeply about a lot of names all at the same time, so I like to boil down my logic to a couple of mental bullet points for each name I own.
For Disney, I have three reasons to own at the moment.