The release of the “Star Wars: The Force Awakens” this December will not just be a cultural phenomenon, but an economic one with several companies in the movie, merchandise and gaming industries set to ride this unstoppable force to big profits.
Some investors think the importance of “Star Wars” to Disney can’t be overstated.
“The ‘Star Wars’ franchise is probably the single biggest bright spot for Disney right now. Disney’s biggest cash cow, ESPN, very well may already have peaked in terms of total viewership. That’s a big deal, as media networks make up about 60 percent of Disney’s profits, and this is completely dominated by ESPN,” said Charles Sizemore of Sizemore Capital in an email.
He added, “Disney will need strong performance from its studios to keep Wall Street happy. The latest ‘Star Wars’ installment may very well prove to be the highest-grossing movie in history, and it may break all merchandising records, as well.”
View the full article here: The force is with these ‘Star Wars’ stocks