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Benzinga

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Adam Eckert

Why This Investor Just Bought Disney Shares

DIS Disney Sarat Sethi NYSE Walt Disney Co

Douglas C. Lane & Associates' Sarat Sethi bought shares of Walt Disney Co (NYSE:DIS) ahead of the company's 2022 Investor Day presentation, which kicked off at 1 p.m. ET Wednesday.

"As more people go to the theme parks, the more the streaming services, more the whole network effect works," Sethi said Wednesday on CNBC's "Fast Money Halftime Report."

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