Roblox and Disney Stock Prices Drop Despite Strong Fundamentals and Long-Term Potential
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Roblox's stock price is down 67% from its peak despite strong business momentum and potential in the metaverse space. It faces tough comparisons to pandemic growth.
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Roblox recently posted strong user engagement and revenue growth, suggesting its business fundamentals remain healthy. There is long-term potential in digital advertising and AI.
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Disney's stock price is down 46% from its highs. It was impacted by the pandemic and shifts to streaming, but performance is recovering.
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Disney offers an excellent value proposition with its parks, hotels, and cruises. Attendance and revenue continue to increase over the long term.
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Operating profit for Disney is rebounding from pandemic lows as management takes steps to restore pre-pandemic profit levels.