11 Reasons to Buy Disney and Never Sell
The best holding period for a high-quality stock is forever, but that investing rule comes with a huge asterisk. Eternity is a very long time and it simply isn't possible to know how the stock market, the consumer market, the world economy, and many other aspects of a successful investment might change in the next century, the next 50 years, or even the next decade.
So when I say that you should own Walt Disney (NYSE: DIS) forever, I mean that you should be able to get a good night's sleep for years to come with the House of Mouse in your portfolio. No company is too large or too legendary to automatically stand the test of time, but Disney has a better shot than many at market-beating returns for the foreseeable future.
2020 sure turned out different than anyone had thought last year. The novel coronavirus took the wind out of Disney's billowing sails and the stock is underperforming the broader market year to date. I'll give you 11 reasons why Disney remains a fantastic stock for the long haul and a great buy at today's low prices. If you agree with at least some of my key points, you'll want to hit the "buy" button on Walt Disney today.
Source Fool.com