2 Great Reasons to Buy Disney Stock Despite Investor Fears
I normally wouldn't suggest buying stock in a company that has posted two straight quarters of declines, but times are not quite normal. Great companies have been crushed by the pandemic despite their best efforts, including Disney (NYSE: DIS). Here are two reasons to buy Disney despite the scary climate.
The entertainment giant launched its premium streaming subscription service Disney+ exactly one year ago, and it's been a huge success. It's grown to 73 million paid subscribers as of the end of September as COVID-19 has kept people at home and out of theaters, and streaming is here to stay. The service is offered in 24 markets and growing.
Source Fool.com
