Walt Disney Co. (DIS)

(Market Call Minute.) This is a Buy under $100. Had a little weakness on worries about ESPN, but the rest of the business is doing well. ESPN will lose some cable guys, but he thinks it will be fine longer-term.

She is a huge fan of their product. It is like a classic double top. She thinks it will go sideways for quite a while.

This has many different arrows in its quiver. First of all, the theme parks, including the new one in Shanghai, which he understands is sold out for the 1^st month. Secondly the cruise line. Third is a tremendous library of intellectual property of movies going back for decades. Fourth is ESPN, sports network. Some people are concerned about cord cutting, but live sports and live news are 2 that are going to persist. Dividend yield of 1.44%.

This is an iconic brand. Whether Britain or China does something, people are going to want to have content. It continues to grind out amazing content on the entertainment side. Huge theme park and huge hotel operator. Opening a theme park in China which cements the relationship with the Chinese. The big knock has been people worried about cord cutting at its ESPN franchise, but with all the cord cutting and the losses subscribed they have just had, they actually increased their profits. They are now branching into gaming. Dividend yield of 1.44%.

Leaning a little towards the bearish camp on this, but wouldn’t be Short, but only because he thinks we are at peak sports in regards to money that is being paid. However, besides ESPN, this company has some other terrific businesses. People are not ascribing a very high multiple to their movie business, because every now and then you don’t have a hit. This is a Buy in the low $90s.

Buy the stock or buy some call options for one month out? If you want to buy call options one month out, you should go to the casino, as it is the same type of business. He is buying the stock as it is attractive here. Has sold off materially from its all-time high of $120 a share. There are worries about ESPN, cord cutting and overpaying for some of the sports, but they own such wonderful assets. Valuation is very cheap for a company that he expects to have double digit earnings growth for the next few years.

(A Top Pick June 25/15. Down 12.43%.) There are a lot of movies coming out on the studio side. It is not the movies or the theme parks that is hurting the stock, it is ESPN. Feels the concern on that has been very overdone. He continues to like this. Trading at 17X earnings, which is not expensive.

(A Top Pick May 19/15. Down 9.29%.) This is slipping over concerns of ESPN, and thinks it will be a hangover for them for a long time. A superb franchise. Best in class.

(A Top Pick Aug 10/15. Down 9.68%.) Has been under pressure. With a lot of the Fang stocks they have got pushed down. The worries about this company are misplaced. They are doing what they have always done. They cross sell better than anybody, they own content, have delivered consistently year in and year out for decades, and you are getting this for the less than a market multiple.

This company has the ability and content.

A company that is able to consistently execute very good earnings growth. There was some concern about declining revenues with ESPN network. Any time that happens, that makes the stock a great entry point. They are still making revenue off Frozen, Star Wars, Galaxies of the Universe and Marvel Comics products, and have made some incredible acquisitions as well as in-house with their films. Theme parks are growing as well.

He struggled with this since last summer when it became clear they were losing subscribers at ESPN. Thinks the company will adapt to the situation. They get affiliate fees and advertising revenue for ESPN. They also have the theme parks, studios and the consumer products division. Dividend growth has been close to 10%. Dividend yield of 1.44%.

Everybody is concerned with ESPN, but that has been overblown for the last couple of years. The broader business model of this company is going to do well. Low gas prices and more people working will be very good for their theme parks this summer. Star Wars is going to continue to sell. This is a Buy on any pullback.

(Market Call Minute.) He is a big sucker for this. They have a disruption going with ESPN, but he loves their movies and thinks they are a winner.

(Market Call Minute) The one concern is the loss of subscribers at ESPN. They are firing on all cylinders, however. The consumer discretionary group should start to lift here.