Disney: Great Opener For Inside Out 2 May Divert Attention From Bearish Signals

Summary:

  • Memories provide a different frame of reference in valuing DIS.
  • DIS enthusiasts should not take overheated enthusiasm for the stock because of the great opening numbers for Inside Out 2.
  • Too many DIS verticals are still holding back a strong upside ahead.

The Fallas of Valencia, Spain

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Premise: Inside Out 2, Disney‘s (NYSE:DIS) sequel to a very successful Pixar release, went beyond expectations, logging a superb $295m in early global grosses out of the box. This is clearly great news for DIS and


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