WCNC Mad Money February 11, 2016
Now in heck is that possible. How can a stock like clorox with meager growth sell 26 times earn ings while disney sells less than the average stock in the s p 500. How does hormel, the maker of spam, trade literally at twice the price to earn ings multiple of this amazing company. The answer on wall street is simple. Much of disneys growth comes from espn. Though ieger tells us 95 of americans with a bundle watch sports with 81 of those viewers watching espn which engages more than 200 million adults across its platforms. The fact the espn doesnt have as many people watching over cable as it u...