Guy Adami Says Disney Should Hang Onto ESPN
Guy says a few years ago ESPN was an anchor.
Guy thinks ESPN can be a driver going forward with gaming and gambling.
At 21x next years numbers, he thinks Disney is historically at cheap levels and likes the name here.
Guy thinks ESPN can be a driver going forward with gaming and gambling.
At 21x next years numbers, he thinks Disney is historically at cheap levels and likes the name here.
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00:00 I'd hold on to ESPN. I mean, at least now ESPN is worse. You remember a few years ago, I mean, ESPN was an anchor.
00:06 People say it's still an anchor. I know I disagree with Tom Rogers on this one.
00:10 I think ESPN could actually be a driver going forward, just in terms of where the world is going,
00:16 with gaming and gambling and all those different things.
00:18 So I'm glad they're able to sort of keep that underneath the umbrella.
00:23 And at 21 times-ish next year's numbers, I think Disney is probably historically a cheap level.
00:29 so I like the name here.