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Disney Finds Its Magic, While Semi Stocks Get Sunk

CNBC's "Fast Money"

00:00

I Think They're Going to Be Cautious on This.

No dividend or shury purchasing yet, until things is but they did have this nice quarter here at the parksas we've been talking about. So how many quarters you think it takes to bring that back, or is it really delta dependent? And remember how shocked we were when we heard that disney, which was a pristine balance sheet as was, may begin to be cutting this dividend. I thought dizsy handled it really poorly. But clearly it doesn't affect the stock at all. It comes down to valuation there. You're talking about a stock that's going to probably earn five dollars and ten cents or so next year. That's a 38 multiple on a hundred and 90

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