On CNBC's "Trading Nation," Delano Saporu of New Street Advisors said he owns both Netflix Inc NFLX and Walt Disney Co DIS, but he is more attracted to Netflix. He owns more shares and has more allocation towards Netflix because it has a lot of ability to surprise on the upside. Saporu also likes its margin.
See Also: Why Jim Cramer Is Bullish On Disney At Current Levels: 'The Greatest Story Ever Told'
Matt Maley of Miller Tabak said both companies are excellent, but he prefers Disney on a technical basis. It's also more diversified so if the market trades lower it will give us more downside protection, added Maley.
Disney's 200-day moving average was key support during the fourth quarter of the last year as the stock bounced off it several times. Disney is currently trading at its 200-day moving average and if it breaks meaningfully below it, Maley is going to change his bullish stance on the stock. If it breaks above the $184 level, Disney is going to regain a lot of attention from the momentum money and it will explode higher, concluded Maley.
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