Discovery, Inc. Class A (DISCA)

24.43
NASDAQ
Prev Close 24.43
Day Low/High 0.00 / 0.00
52 Wk Low/High 21.66 / 42.59
Exchange NASDAQ
Shares Outstanding 508.22B
Market Cap 12.42B
Div & Yield N.A. (N.A)

Latest News

Making Sense of Rising Prices, Oil's Surge, Credit Markets and War

Making Sense of Rising Prices, Oil's Surge, Credit Markets and War

Let's tackle several questions about how the invasion of Ukraine adds to uncertainty over rising energy costs here and in Europe, increasing inflation, recession risks and more.

Markets Ablaze, Ukraine Invasion, Neon Nightmare, What If? Gold and Silver

Markets Ablaze, Ukraine Invasion, Neon Nightmare, What If? Gold and Silver

Thought the semiconductor shortage had already been severe? That's where the cards currently lie.

Say No to ROKU

Yesterday I highlighted the "profitless prosperity" I see in the streaming video business - and why I would avoid being long the space.  I am, however, short .  The shares are materially below my cost basis, so I would wait for a rally before you co...

The Camera Don't Lie

You had a bad day You're taking one down You sing a sad song just to turn it around You say you don't know You tell me, "don't lie" You work at a smile, and you go for a ride You had a bad day The camera don't lie You're coming back down and you rea...

Streaming and Online Gambling May Be Destined Towards 'Profitless Prosperity'

* Three of the most dangerous words in an investors' lexicon are... "total addressable market" * A dead cat bounce is possible but challenges towards the road of profitability for streaming and on line gambling suggest the stocks are unattractive fr...

Why I Plan to (Reluctantly) Reduce My Viacom Holdings Today

* For now it is "profitless prosperity" as streaming industry content costs will weigh on Viacom and other companies' profitability * Viacom's 4Q2021 EPS report will likely be weak and EPS could be pressured further in 2022   As a long-time investor...

Shoulda, Coulda

The consequences of AT&T pulling forward to March the Warner/Discovery combination means that the share prices of and will basically trade very close to each other. I should have kept the pairs trade - Long DISCK/Short DISCA on!

DISCK, DISCA

I am closing out my long /short as the differential has narrowed to only $0.45 - for a gain.

The Spotlight Flickers for Netflix

The Spotlight Flickers for Netflix

NFLX may be able to maintain its prime position, but its crown appears not as safe as it once was.

The Rotation Out of Growth and Speculative Names Has Returned

The Rotation Out of Growth and Speculative Names Has Returned

This action is probably driven by the end of the year unwinding as well as concerns about weakness in bonds.

Why My ViacomCBS/Apple Deal 'Forecast' Would Make Sense In Cutthroat Streaming World

  Surprise # 10. In a Heated Bidding War With Amazon , Apple Acquires ViacomCBS for $55/share (in stock) - Dwarfing the Previously Largest ($3 billion) Acquisition by Apple of Beats In 2014. - My 15 Surprises for 2022 According to Rich Greenfield, A...

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."