Diamonds and Dogs
The force is with Walt Disney (DIS) once again. The stock is up 2% to four month high on two upgrades ahead of an Investor day on Thursday. Disney's stock has been stuck in a range between about $100 and $120 for most of the past four years. Disney has dominated the box office with hit after hit with a new Avenger movie at the end of April. The Investor day should focus on Disney's new streaming ideas to compete with Netflix.
Flooding in the Midwest not good for Lindsay Corp (LNN). The Nebraska-based maker of irrigation equipment plunged 10% to a 2-year low after missing earnings estimates. The company cited the negative impact of the U.S.-China trade dispute hurting sales to their farming clients. The recent widespread flooding in the Midwest isn't helping sales either.
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