Three reasons to invest in the Atlanta Braves and avoid Disney

On today's segment of Good Buy or Goodbye, host Julie Hyman is joined by Gabelli Funds CO-CIO Chris Marangi to navigate the best stock picks for investors within the sports media sector.
Marangi names Atlanta Braves Holdings (BATRK) as a stock to buy, higlighting "There are very few opportunities to own sports assets in the public market." Furthermore, he highlights that this stock is currently trading at a discount to its private market valuation, presenting a good entry point for investors. Marangi also commends the company's strategic positioning, stating that it has "positioned it for a sale to capture that trophy value."
On the other hand, Marangi advises investors to avoid investing in the Walt Disney Company (DIS). Despite its iconic status, he acknowledges that the media giant is "still not immune to the forces impacting the media industry." With the rapid rise of streaming platforms, Marangi believes that Disney's future earnings potential may be hindered. Additionally, Marangi cites "moderating demand" in Disney's amusement parks as a concerning factor, attributing it to consumers' heightened economic sensitivity.
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[@marvinpreston6819]

So many we’re all in on Bob Iger against Nelson Peltz, even though Iger has screwed the Disney company six ways to Sunday. I smell a hostile takeover coming

[@CPATuttle]

Braves are from Boston

[@xlargetophat]

They had babe Ruth