Discovery, Inc. Class A (DISCA)

28.34
NASDAQ
Prev Close 27.87
Day Low/High 27.43 / 28.58
52 Wk Low/High 19.07 / 78.14
Exchange NASDAQ
Shares Outstanding 505.41B
Market Cap 14.09B
P/E Ratio 18.11
Div & Yield N.A. (N.A)

Latest News

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.    

Adding to 2 Stocks

I am adding to ViacomCBS  and Discovery  now.

More Trades

I continue to pick at and longs, and I have added (small) to my and shorts at $431.81 and $357.05, respectively.  

Adding to Several Stocks

Adding to long ($30.82), and adding to shorts in and . Also adding to my bank shorts.

Making 2 Moves

I'm shorting Goldman Sachs , and adding to Discovery .

Timing Is Everything

, and were my recent Trades of the Week.  Apparently I was a week early!

3 High-Yield Telecom Stocks for Reliable Income

3 High-Yield Telecom Stocks for Reliable Income

Thes top-ranked names have high yields and safe dividends.

More VIAC, DISCA

Bidding for more ViacomCBS  and Discovery  now.

Trade of the Week - Long Fox, ViacomCBS, and Discovery

* Linear TV network demand is surprisingly strong * Scatter pricing is at all time highs Contrary to general expectations, the post pandemic upfront TV market is robust with double digit ad growth.   This is unexpected and could result in an improvi...

'Fast' Take on AMC

"Just one more thing." - Lt Columbo   I just sent this email to Melissa Lee on "Fast Money" about AMC . Here are some of my points: 1. AMC has not materially improved its balance sheet -- look at net debt, it has barely budged. The recent Mudrick de...

Housekeeping Items

As I am now only three trading days away from my hedge fund launch I am liquidating my entire equity positions in order to get liquid to make a contribution into Seabreeze Capital Partners LP. This afternoon I have sold ViacomCBS , Disney , Twitter ...

Shedding Light on AMC and More

From Light Shed Partners Rich Greenfield (check out the multiples to EBITDA on our value plays, Viacom and Discovery ): My twitter account has been attacked by 1000's of hateful and harrassing tweets from the AMC retail "mob" (we've blocked over 7,0...

Time to Be Fearful When FIN TV Is Greedy?

* The "I told you so crowd" is growing more boastful * And, that alone, is a reason to be concerned * The odor of "Group Stink" is strong these days "You don't realize how easy this game (of baseball) is until you get up in that broadcasting booth."...

Minding Mr. Market

It was a glorious day in the market without memory from day to day.   Up from flagpole to that's all (an old horse racing term!), market breadth was excellent (2,200 upside, 1,000 downside at 3:38 p.m.).   However, with systemic products and strateg...

Target and Darden Prove That Less Can Be More

Target and Darden Prove That Less Can Be More

TGT and DRI are two examples of companies that offloaded major divisions to make things better.

Jim Cramer: What? AT&T's Dividend? Sorry, My Call Just Got Dropped

Jim Cramer: What? AT&T's Dividend? Sorry, My Call Just Got Dropped

The AT&T deal with Discovery dominated the news, but let's look at the dividend cut and how this is anything but 'transformational.'

Buying More

Buying more Disney , Discovery and AT&T on a scale.  

Tuned Into Discovery, ViacomCBS

I am placing Discovery ($34.45) and ViacomCBS ($38.63) on my "Best Ideas List" now.    

Will We Discover Why Discovery Is Down?

The drop in the shares of Discovery is confusing to me. I continue to add (just did as low as $34.15) but will try to figure why this is happening later today.    

Here's How I'm Playing the AT&T- Discovery Deal

Here's How I'm Playing the AT&T- Discovery Deal

There's one name I would consider adding back to full on any coming weakness.

Adding to Discovery

I'm adding to Discovery Inc. at $37.25 now.

More on T/DISCA

More on the AT&T /Discovery transaction!   

Sloppy Workmanship, Nasdaq Under Fire, Turning Down the Volume, Broadcast News

Sloppy Workmanship, Nasdaq Under Fire, Turning Down the Volume, Broadcast News

Plus, Elon Musk stirs the pot again in the cryptocurrency universe.