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Is The Market Overlooking This Huge Disney Catalyst?

Walt Disney Company The NYSE:DIS - Is The Market Overlooking This Huge Disney Catalyst?

While much of the world is looking toward the December release of the latest “Star Wars” movie as the next big catalyst for The Walt Disney Co DIS 0.4%’s stock, Topeka Capital Markets analyst David Miller sees the next big catalyst for Disney coming all the way across the Pacific Ocean from Hollywood.

Shanghai Disneyland (SDL) is scheduled for a Spring 2016 opening, and, after crunching the projected numbers, Miller believes that the new park makes Disney’s stock a Buy.

Demographics

Miller believes that the location of SDL will be key to the park’s success. The Pudong district of Shanghai will be home to the...


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