Disney to Strengthen more in the Upcoming Times

Disney is amongst those companies which did not have to bear much of the wrath of the coronavirus pandemic and things went on quite smoothly. The only sector where Disney had to suffer was the shutdown of all its parks because of the lockdowns that were imposed so that the spread of the virus could be controlled. Now, the situation is changing again and the parks are also reopening and therefore we can expect more from Disney. Disney and 2020 If Disney had to lose on one side due to the closing down of its amusement parks, it was recovered by the increasing popularity and the increase in subscribers of Disney+. Online streaming of shows and movies gained immense popularity during the pandemic because the cinema halls were closed and all the companies and production houses resorted to the online platforms. Disney+ has currently garnered around 74 million subscribers in a short period with the subscriber count increasing with time. After things will get back to normal completely, Disney+ will prove to be a very major source of income for the firm along with the parks and other works of the company. Therefore, 2020 gave Disney a major boost even though the parks had to remain closed. This move has worked well in favor of the company and now, in this year, it will gain benefits from both sides which will make the company profitable. The Walt Disney Company (NYSE: DIS) 52 Week Range: $79.07 - $183.40 Average Volume: 12,174,838…

DraftKings Inc. (NASDAQ: DKNG): When to Invest in this Company’s Stock?

The sports betting industry is now getting legalized in the United States and DraftKings is a popular name in that field now. These platforms are becoming and gaining widespread fame lately. On DraftKings, the users can play fantasy games daily and win cash prizes as well. The company has had good growth over this period and now the analysts expect better from the firm in the upcoming times. DraftKings Inc. (NASDAQ: DKNG) 52 Week Range: $10.60 - $70.38 Average Volume: 15,900,168 Market Capital: $27.274B Forward Dividend and Yield: N/A (N/A) DraftKings Stock: Better Growth in Terms of Revenue and Earnings As of the third-quarter earnings report of DraftKings, the company has risen by over 98% on a year-over-year basis with earnings of $132.8 million. The earnings have made the company an attractive choice for the investors. The stock is also inexpensive and hence, the investors can easily afford it. The company is at present in its growth stage and has shown fine progress recently. This progress makes it a potential choice for investing. The fourth-quarter earnings of the company have surged the stock even more. They have come out to be much better than as they were estimated by the analysts. The revenue of the company in this quarter is $322 million and it has increased by as much as 146%. All this has worked well in favor of the company and it now stands quite strong in the competitive sector of the stock market. The company expects that it…

Is Pinterest Stock a Good Choice for Investment?

Pinterest is a very popular social media platform worldwide for the sharing of images related to almost everything from art and craft to travel and furnishing. This platform is however different from other social media platforms because it is used basically for finding new ideas or searching about various activities. Pinterest and its Growth in 2020 The final quarter of 2020 saw the company had 459 active users (monthly) and in the year 2020 as a whole, the firm added around 100 million active users (monthly) to its already existing monthly active users. If we consider its growth based on year over year then the company’s monthly active users have risen by as much as 37%. The growth of the company is very well visible and that makes it an attractive choice for investing. Moreover, the company tends to grow further because there are no reasons or signs that the growth will slow down in the future. Its popularity is increasing and that is the major reason for the rise in subscribers which eventually adds to the profit and income of the company. Pinterest Inc. (NYSE: PINS) 52 Week Range: $10.10 - $86.49 Average Volume: 11,327,818 Market Capital: $50.162B Forward Dividend and Yield: N/A (N/A) The increase in the stock price of the company defines how well the company has progressed in a year despite that the year 2020 was the year when the coronavirus pandemic was at full force. An investment in the company looks like an investment that…

Netflix Stock Analysis: Buy Now or Not?

Netflix was amongst those companies which made the most out of the coronavirus pandemic. This firm saw a huge rise in the number of its subscribers because there was the imposition of lockdowns and curfews around the world. It not only led to the shutdown of all the cinema halls and theatres but also made the public sit and work from home. This led to an increase in the popularity of online entertainment platforms. The production houses had to resort to these online platforms for the release of the films that were scheduled for a release at that time. With all the films and shows being released on the web, more and more people subscribed to these platforms thereby giving a major boost to this industry. Netflix, being the most popular amongst all the online entertainment platforms made a huge profit during this time. Netflix Inc. (NASDAQ: NFLX): Earnings Report In the final quarter of 2020, the subscribers of the firm increased wholesomely as there was an addition of 8.51 million subscribers. The last quarter earnings in terms of sales were $6.64 billion (an increase of 22% as compared to the year 2019) and the income per share came out to be $1.19 (8% downfall in the earnings as compared to the year 2019). Even if the last quarter was not very well in terms of earnings, the company expects to earn better in the upcoming quarter. Netflix has a very good lot of shows and movies which attract more…