Advertisement
Australia markets closed
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • AUD/USD

    0.6452
    +0.0015 (+0.23%)
     
  • ASX 200

    7,642.10
    +36.50 (+0.48%)
     
  • OIL

    82.37
    -0.32 (-0.39%)
     
  • GOLD

    2,394.20
    +5.80 (+0.24%)
     
  • Bitcoin AUD

    95,225.98
    -2,908.84 (-2.96%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

1 Streaming Stock to Buy and 1 to Sell in a Market Downturn

1 Streaming Stock to Buy and 1 to Sell in a Market Downturn

With this in mind, here's why it makes sense to buy Walt Disney (NYSE: DIS) and sell Netflix (NASDAQ: NFLX) right now. At the time of this writing, Walt Disney is hovering around $97 per share, far below its $157 price at the start of 2022. Indeed, at the beginning of the year, Walt Disney was outperforming the S&P 500 by a few points.