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Posted by
Two Blokes Jul 8 -
Filed in
Stock
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5 views
Warner Bros. Discovery is a buy due to its upcoming split, improved movie performance, streaming potential, and a somewhat clearer path to debt reduction. The planned split will separate streaming/content from linear assets, hopefully unlocking value and allowing management to focus on growth areas like HBO Max and film franchises. Valuation seems attractive, with the stock trading cheaply on some metrics, but a firm technical breakout above $13 is needed for confirmation.