Thus far, 2012 has been a standout year for the Walt Disney (DIS). Since the first trading session of January, shares of the $89 billion media firm have rallied more than 32%.
Soros Fund management has been along for the ride. The firm initiated a position in Disney in the second quarter, buying just over a million shares for a $51.5 million stake in the firm.>>5 Stocks Seth Klarman Loves While Disney is best known for characters like Mickey Mouse, Donald Duck, and Winnie the Pooh, the firm's most lucrative characters just might be the ones donning NFL jerseys for the preseason right now. Disney's ESPN unit contributes more than three-quarters of Disney's cable sales, and much of its success comes from its lucrative Monday Night Football deal with the NFL. Disney's ability to earn truly meaningful revenues in noncore businesses is telling. Disney's core businesses, meanwhile, are looking pretty good as well. Movies remain a higher risk venture, but they have the bonus effect of creating intellectual properties that the firm can use to develop rides at parks, broadcast on its cable channels, and turn into merchandise. While Disney may be a quintessential blue chip name, investors shouldn't think that the business is boring. It should continue to do well in 2012, particularly given its relative strength over the last eight months.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV