Wbd stock price in early morning trades

In early morning trades, WBD stock price moved higher following reports of a new sports streaming partnership. Market reaction shows investor appetite for diversified content revenue streams. "Actually I could go on for several pages about the tenbaggers I’ve missed, and more sorry examples will crop up further along in the book. When it comes to ignoring promising opportunities, I’m as adept as the next person. Once I was standing on the greatest asset play of the century, the Pebble Beach golf course, and it never occurred to me to ask if it was a public company. I was too busy asking about the distance between the tees and the greens. Luckily there are enough tenbaggers around so that both of us could fail to notice the majority and we’ll still hit our share. In a large portfolio such as mine I have to hit several before it makes an appreciable difference. In a small portfolio such as yours, you only have to hit one. Moreover, the nice thing about investing in familiar companies such as L’eggs or Dunkin’ Donuts is that when you try on the stockings or sip the coffee, you’re already doing the kind of fundamental analysis that they pay Wall Street analysts to do. Visiting stores and testing products is one of the critical elements of the analyst’s job. During a lifetime of buying cars or cameras, you develop a sense of what’s good and what’s bad, what sells and what doesn’t. If it’s not cars you know something about, you know something about something else, and the most important part is, you know it before Wall Street knows it. Why wait for the Merrill Lynch restaurant expert to recommend Dunkin’ Donuts when you’ve already seen eight new franchises opening up in your area? The Merrill Lynch restaurant analyst isn’t going to notice Dunkin’ Donuts (for reasons I’ll soon explain) until the stock has quintupled from $2 to $10, and you noticed it when the stock was at $2.” While the narrative-based fair value suggests Warner Bros. Discovery is overvalued, the current price-to-earnings ratio stands at 61.7x. This is notably higher than both the industry average of 30.1x and its peer average of 66x. It is also much greater than the fair ratio of 6.5x. Such a wide gap points to significant valuation risk for investors if market sentiment shifts or earnings do not rapidly catch up. Will these elevated ratios hold, or is a correction on the horizon? WBD stock price volatility has tightened this week, with ATR (average true range) down 15%. Such contraction often precedes price expansion, which traders watch for swing trade setups.