Huge Week for Chips 5/26/23
Halftime Report
00:00
The Cost of Waiting for the Turn Is Expensive
We think that if Disney cuts $3 billion from costs, that drives earnings by 30%. And then because we're so long-term focused, next year 2025, they should be at $5.36. If they get back to pre-pandemic $7, you put a 20 times multiple on that, that's $140 stock. Even if it takes me three or four years to get there, the Kager on that return is worth waiting for.
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