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Thursday, 03/11/2021 9:45:50 AM

Thursday, March 11, 2021 9:45:50 AM

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Morning Bell: Disney Will Come Back Strong
By: TheStreet | March 11, 2021

• Jim Cramer's top portfolio analyst Jeff Marks discusses stock market news including Disney's comeback story and Boeing stock rising on positive news.

Nasdaq futures and Dow futures are rising with growth improving, vaccinations accelerating, $1,400 checks in the mail and inflation under control.

Stocks moving in premarket trading on Thursday include Organigram, Roblox, Oracle, AMC, Vir Biotech and Bumble.

TheStreet's Katherine Ross and Jeff Marks discussed breaking news in the stock market. Marks spoke about Disney and Boeing.

Walt Disney: Buy Or Sell?

Media and entertainment giant Walt Disney (DIS) on Tuesday said that its Disney+ streaming service surpassed 100 million global paid subscribers just 16 months since its launch.

Marks said Disney+ has a stickiness to it that would allow for even stronger pricing power in the future. "Disney+ has achieved an incredible feat and they have so much new and exciting content coming to the platform this year. I also think the theme parks are going to come back big. The average American consumer will likely spend on experiences and away from goods once it's easier to travel to public spaces."

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