A few years ago, Disney (US:DIS) appeared to have lost its magic touch. But three savvy acquisitions in the past decade have revitalised the media and entertainment titan. Its unrivalled range of brands and franchises, together with management's willingness to embrace consumer trends and new technologies and its proven ability to cash in on hits across all divisions, make Disney our Overseas Tip of the Year.
IC TIP:
Buy
at
$105
Tip style
Growth
Risk rating
Medium
Timescale
Medium Term
Bull points
- Strong sales and profit growth
- Unrivalled portfolio of brands
- Highly integrated divisions
- Shares are attractively rated
Bear points
- Declines in cable TV industry
- Hit-or-miss strategy
