Disney’s acquisition of Hulu has made the entertainment giant more attractive, according to John Creekmur, chief investment officer at Creekmur Wealth Advisors. The move gives Disney full control of the streaming service, which is the most profitable of its three subscription services.
Creekmur sees a price target of $133 for Disney’s stock, implying a 12% upside from Tuesday’s close. He expressed confidence in the company, saying “We love Disney right now.”
However, Creekmur remains cautious on Taiwan Semiconductor (TSM), which has seen significant gains this month. The investor notes that the stock may be due for a pullback after a big June rally and is currently holding at $192-$195 range.
In contrast, J.M. Smucker’s disappointing quarterly revenue has led Creekmur to advise staying away from the stock. He believes the company’s pricing power is limited by rising inflation and labor costs, which are squeezing its margins.
Source: https://www.cnbc.com/2025/06/10/how-to-play-disneys-hulu-deal-according-to-creekmur-wealth-advisors-investment-chief.html