Why Walt Disney And This Tech Major Could Be Poised For A Rally

Why Walt Disney And This Tech Major Could Be Poised For A Rally

On CNBC’s “The Final Call,” Carter Worth said Walt Disney Co DIS is down 40% in the last four months. The stock is “so bad it’s good,” he said.

Check out other overvalued stocks making moves in the premarket.

Mike Khouw stated that Walt Disney is cheaper than it was in 2019 but is headed for higher revenues and earnings next year.

Tony Zhang’s final call was Intel Corporation INTC. “I think it’s time to get some long exposure with the call diagonal,” he said.

DIS, INTC Price Action: Shares of both Walt Disney and Intel closed lower by around 1% on Friday.

Photo via Shutterstock.

Posted In: Carter WorthCNBCMike KhouwTony ZhangLong IdeasOptionsMarketsMediaTrading Ideas