These 3 Dow Stocks Are Set to Soar in 2023 and Beyond
Dow stocks are known as the bellwethers of the economy, and they are some of the most stable businesses in the world. But lately, some of the Dow stocks have been beaten up because they have missed some important industry changes.
As we look forward to 2024, I think the problems that Dow stocks Disney (NYSE: DIS), Intel (NASDAQ: INTC), and Verizon (NYSE: VZ) have faced over the past few years will turn around and provide opportunities for investors.
It's been a rough few years for Disney, but the company is set to turn the corner on its long-term strategy to be a streaming company. CEO Bob Iger has indicated that Disney+, Hulu, and ESPN+ will soon be combined into a single app, and we know that there's solid subscriber growth despite rising prices. The combination of higher revenue and lower costs will likely lead to profitability in streaming next year.
Source Fool.com
