Weekly Wrap: Pricey Snap, Cheap Disney, Coach Shops for Kate
Snap's first quarter showed mixed results, and we still see shares as overvalued. Plus, not all bad news for Disney, and perhaps some silver linings post-Buffett for Berkshire.
Jeremy Glaser: Snap's still expensive; Disney looks cheap; Coach snaps up Kate Spade; and what will Berkshire look like after Buffett? This time on the Morningstar Weekly Wrap.
Shares of Snap plummeted after it reported its first results as a public company. Ali Mogharabi still thinks shares are pricey.
Jeremy Glaser has a position in the following securities mentioned above: DIS. Find out about Morningstar’s editorial policies.