PGRE - Warner Bros Discovery: Management Is Buying And You Should Too
- Warner Bros. Discovery is an exciting pure-play media business and cash flow machine with strong and growing durable competitive advantages.
- The WBD stock has been unfairly beaten down as investors are irrationally fearful of future prospects of the streaming industry with Netflix's disclosure of a subscriber slowdown.
- There is a >135% potential upside attributed to a re-rating to a fair 13x EV/EBIT multiple and the paying down of debt.
- Management is cluster buying the stock on the open market, I believe you should buy WBD as well.
For further details see:
Warner Bros Discovery: Management Is Buying And You Should Too