Benzinga | Nov 13, 2020 12:32PM EST

Expect Disney's Next Few Months To Be Rough, Shannon Saccocia Says

On CNBC's "Fast Money Halftime Report," Shannon Saccocia and others discussed what's in store for Walt Disney Co's (NYSE:DIS) near future.

"I don't think Netflix or Disney are overvalued based on their subscriber, direct-to-consumer numbers, but it'll be tough to own Disney for the next few months," said Saccocia.

Stephanie Link mentioned that she sold her position in Walt Disney at $145 and bought Marriott (NYSE:MAR).

Disney, even with its COVID-friendly Disney+ streaming service, is also experiencing losses due to the pandemic's impact on its theme parks.