Jun. 4 at 12:18 PM
$DIS time to run up. Sitting at a 2x multiple which is well undervalued for a Global IP company that is now turning profit on streaming and increasing revenue 3%+ per year. Direct TV trimming will free up cashflow further. 2.5x is more than warranted (123 per share) but 3x+ aligns easily and could it be even higher if in a growth cycle or efficiency phase.