Disney (DIS -0.8%) looks like it could run higher with capital expenditure spending drying up...
Wednesday, February 20, 1:35 PM ETDisney (DIS -0.8%) looks like it could run higher with capital expenditure spending drying up and revenue set to rise across segments. The bull case: ESPN is still a juggernaut, while the Netflix deal will help Disney become the first studio to overtake traditional cable TV firms. As for the potential for Lucasfilm/Star Wars, the movie blogosphere is already ablaze with rumors that Disney is putting the band back together (Harrison Ford, Mark Hamill, Carrie Fisher, John Williams) in a move that could help drive sales.
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