NEW YORK, NY / ACCESSWIRE / March 15, 2017 / The difference between DragonWave and Disney can be simply stated by looking at their respective stock prices. DragonWave, a company that potentially will help Disney increase their exposure, sells for $1.90 a share while Disney, who will likely be an indirect user of DragonWave products, sells for $100 more a share. Both are using new marketing channels to expand their respective businesses, and will more than likely see the expansion reflected in their bottom line.
RDI Initiates Coverage:
DragonWave, Inc. https://ub.rdinvesting.com/news/?ticker=DRWI
Walt Disney Co. https://ub.rdinvesting.com/news/?ticker=DIS
DragonWave, Inc., a Canadian company that sells high capacity microwave packet technology to wireless communication companies, saw its shares rise 75 cents to $1.90 on Tuesday. The substantial rise in price was the results of a sales and service agreement signed with Australian company Ingram Micro announced yesterday. Packets are the basic data component that is transmitted from one telecommunication device to another. The more data you can pack in, the more data the user at the other end receives. The new deal will help DragonWave begin to realize positive profit margin, as it has accumulated $48 million in sales. DragonWave's new partner claims it has the largest assortment of IT products and services, giving the company a pathway into a world market with a supportive partner.
Access RDI's DragonWave Research Report at: https://ub.rdinvesting.com/news/?ticker=DRWI
Disney company shares rose 79 cents to close at $112.31 on Tuesday. A number of investment analysts are bullish on the stock, with "buy" recommendations outpacing "sell" ratings by more than a 4 to 1 ratio. The company continued with its plans to buy debt-laden Paris theme park operator Euro Disney despite resistance from European hedge fund CIAM who holds a 1.4% stock interest in Euro Disney. Walt Disney has an 85.7% stake in Euro World, and after buying it said it will delist the company once it owns 95% of the company. The fracas has had no effect on the price of Disney stock.
Access RDI's Walt Disney Research Report at: https://ub.rdinvesting.com/news/?ticker=DIS
Our Actionable Research on DragonWave, Inc. (NASDAQ: DRWI) and Walt Disney Co. (NYSE: DIS) can be downloaded free of charge at Research Driven Investing.
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