This stock could be one of the biggest winners in a post-pandemic world



The coronavirus pandemic was unlike anything investors have ever seen. The stock market has swung around and not all stocks have been treated the same. In other words, some of the companies that suffered the most in 2020 may be among the biggest winners in the years to come. Disney (NYSE: DIS) could be such a company.

About this episode of Fool Live airing on Nov. 9, Jason Hall, host of “The Wrap” and Danny Vena, a Fool.com employee, discuss the myriad ways Disney was negatively impacted by the pandemic, and why the company was a could go through vigorous recovery.

Jason Hall: Danny Vena, let’s start with what you have. I think you’ve found a sure fire winner out of this.

Danny Vena: After Lou’s comment on pent-up demand, especially for holiday trips, but also for vacations. Many people have postponed their holidays, stayed at home and did not get out. Disney, I think, is one of the big winners if you look a little further away.

There are so many ways Disney was hammered by the pandemic. Theme parks, resorts and cruise ships were all shut down. You had a lot of trouble with people not going to retail [stores], so people didn’t buy their products. Then there’s the movie theater thing, no Marvel blockbusters this fall. I’m just devastated about that. I really wanted to see my Marvel movies.

That said, the fact that Disney’s revenue comes from, I’m going to take a look here so I understand this correctly, but Disney had some of its revenue, let’s see here, down 85 percent for its theme park business across year. year in the most recent quarter, 85 percent.

I think that’s the first thing that picks up again is the theme park business and then I think we’re going to get some blockbusters. I think Disney’s company is going to be one of the biggest winners in a post-pandemic world.

Jason Hall: I’m going to make a bold prediction here.

Danny Vena: Here it comes.

Jason Hall: The fourth quarter of the 2021 calendar, one year away from this quarter, will be Disney’s best quarter ever.

Danny Vena: Bold move.

Jason Hall: [OVERLAPPING] But it will be the best quarter ever, I am convinced of that. I think everything comes back and people want to do everything. Maybe the cruise business doesn’t, but it’s a small part of their business. It’s small enough that she’s, that’s OK. Maybe I’m wrong, don’t invest in it. Invest because Disney is a great company worth owning forever. But yes, don’t count on that.




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