Discovery, Inc. Class A (DISCA)

29.80
1.40 4.40
NASDAQ
Prev Close 31.18
Day Low/High 29.37 / 31.55
52 Wk Low/High 21.66 / 78.14
Exchange NASDAQ
Shares Outstanding 505.87B
Market Cap 15.77B
P/E Ratio 18.11
Div & Yield N.A. (N.A)

Latest News

Why AT&T 'Fits the Mold' for Investors in 2022

Why AT&T 'Fits the Mold' for Investors in 2022

The beaten-down name is finally lining up as an attractive value play.

From The Street of Dreams

Citigroup maintains a buy on AT&T but reduces the price target to $29 from $31.   The modest price target reduction reflects the pro-forma debt for the working capital recalibration related to the pending WarnerMedia/Discovery deal as well as the re...

AT&T and Discovery

In yesterday's "What's Going to Make This Stock Move", I highlighted AT&T .  Let's not lose site that as Discovery increases in value - so does T because about 1/3 of T proforma will be Discovery.

Just Wishin' and Hopin'

Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get you into his arms - Dusty Springfield, Just Wishin' and Hopin'  Yesterday I highlighted Discovery  - the shares are up by another 3% today - a ...

A New Discovery

chart:

To Invest or Not to Invest in AT&T? Traders Can Move On

To Invest or Not to Invest in AT&T? Traders Can Move On

AT&T is definitely a different company than it was, and will continue to evolve into mid-2022.

From The Street of Dreams

Citigroup lowered its AT&T price target by $3 to $30/share - maintaining a buy.  The lower price target reflects additional dilution from the pending transactions relative to prior expectations.  The ongoing weakness in Discovery's shares could hold...

An Explanation of My Partial Sale in Discovery Shares

* Money management and weighting are important factors in investing * The growing loss, rising size of the position in the Discovery  complex and the distraction were the reasons for my actions yesterday There has been some confusion about my late m...

Mea Culpa

I made a bad mistake in purchasing Discovery.  I have tried to ameliorate the mistake by selling calls against and .  That strategy was moderately successful.  Nevertheless I am taking a sizeable loss and I have disposed of all my DISCA and have sub...

Adding to 4 Longs

I have also added to the following longs: , , , and .

Fear and Loathing on Wall Street

* We remain in a 'Bull Market In Complacency' * There is certainty and precision of the bullish consensus despite a wide range of possible market and economic outcomes - many of which are adverse and market unfriendly * A deeper than expected (and "...

I View AT&T as an Attractive Total Return Stock

This morning Citigroup maintained its buy rating on AT&T with a price target of $32, down from $34.  I have been adding to T in here based on my expectation of a total return of at least +15% (dividend plus capital appreciation) in the next nine to ...

I'll Be Out of ViacomCBS by Day's End

With the market clearly moving in the short term from growth to value, ViacomCBS may continue to get a bid as a beneficiary of that rotation. The shares were just mentioned positively on Fast Money Halftime.  But, given my view on the likelihood of ...

A Viacom Acquisition May Be Delayed Until Late 2022

* I continue to be of the view that in a setting of accelerating industry consolidation, Viacom/CBS is an extraordinarily valuable media franchise * This week's announcement of a European streaming deal between Comcast and Viacom may very well incre...

Considering AT&T

Under $28/share I consider AT&T a better bet than a Tbill/cash alternative.  For the balance of the year I see about $0.50/share of risk and $1.50/share of upside. There is a Discovery kicker (merger with Warner Media) at the middle of next year but...

More Disney and Discovery

Adding further to Disney and Discovery longs.

I Wouldn't Be Surprised...

With Viacom going to the whip, I would not be surprised if laggard Discovery plays "ketchup."

More Discovery

Adding to an already large Discovery position.

Discovery Rally

I have been laser focused on Discovery over the last few weeks - closely watching the price action. I now am of the view that and are poised for a rally over the short term.

The Largest Long

According to a filing yesterday, the "Big Short" Michael Burry's largest long is Discovery !   It is also mine.

Disney Is Turning Into a Drama for Me: I Made a Mistake Selling

* Mea culpa I feel very stupid and I rarely do this, but I bought back my Disney  between $185-$186 after quickly looking at the outstanding sub gains as well as some of the other excellent metrics.   I would not be surprised to see Disney make a ne...

Discovery's Release

Here is a good summary of Discovery's quarterly release.  I will have more tomorrow. I continue to add.

Be Right Back

I will be out for about an hour as I will be listening to Discovery's earnings call.

Morning Moves

This morning I have added to , , , longs. I have covered my short rental. I have also expanded my and shorts.

Discovery Beats

Break in! Discovery beats on both the top and bottom lines. More to come.

My Long Book

Some of my longs that I have mentioned recently include , , , , , , (spec), (spec), , , , , and .

My Tactical Approach to the Markets

* Treading slowly as I build up a (small) net short book * I am often wrong and always in doubt  For reasons mentioned daily in my Diary I find myself, today, nearly at the polar opposite of the bullish cabal. That election is based on fundamental a...

From the Street of Dreams

Wolfe Research maintains outperform on Discovery Communications with a $46 price target.