In my last article, I argued for a strong buy thesis on The Walt Disney Company (NYSE:DIS). The key catalyst I saw at that time (see the chart below) was that: …with the Hollywood Writer strike over and a new 3-year agreement in place, many of the uncertainties the company was facing in the recent past have been removed. I saw limited impacts of the new agreement on Disney stock, and its current P/E implies the market is overestimating these impacts. The stock prices have indeed advanced substantially since then, far outpacing the broader market.