2 Reasons Disney Is Still a Buy
Disney (NYSE: DIS) stock has been climbing since it bottomed out last March despite the company's poor performance over the same period of time. It gained 35% during 2020 and is up 9% so far in 2021. Here are two reasons why investors are confident, and you should be, too.
Despite the overall poor performance, Disney+, the company's premium streaming site, was a monumental success during the pandemic. Launched in November 2019, the site had 95 million paid subscribers by Jan. 2.
Rob Gronkowski celebrates Super Bowl LV win at Walt Disney World. Image source: Walt Disney.
Source Fool.com