The Disney (DIS) story must seem like a fairy tale for investors. Thanks to the success of the ABC hit “Dancing with the Stars” and John Travolta’s film “Wild Hogs” shares are $6 away from an all-time high.
However, the story could take a turn, the media giant reports earnings Tuesday after the bell. Will Disney deliver a classic a fairy tale ending?
Jeff Macke is expecting really good things from Disney because cable and network provide 43% of the company’s revenue and “Wild Hogs” did huge numbers at the box office. The only area of concern is theme parks.
Guy Adami says DIS beat 1Q by 28% and expects to see similar numbers Tuesday.
Eric Bolling says the Disney play is Apple (AAPL) because most of the Disney library is available on iTunes.
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On May 7, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:Strazzini Owns (SNDK), (TIN); Bolling Owns (SZE), (DIS), (NMX), (VE), Gold, Silver; CNBC Is A Service Of NBC Universal And Dow Jones, Vivendi Owns 20% Of NBC Universal, The Parent Company Of CNBC