2 Top Stocks to Buy During the Holiday Quarter
The S&P 500 index currently sits at just a slight loss on the year, but some household names have lagged the market's rebound since March. Shares of Walt Disney (NYSE: DIS) and Hasbro (NASDAQ: HAS) are down year to date, but with the economy continuing to show signs of a recovery, now is the time to consider adding shares of these top consumer goods stocks before better news sends them higher.
Disney stock trades at $121 as of this writing. That is down from its 2019 high of $153, which came after the successful launch of Disney+ last fall. Theme park closures and a weak advertising market have weighed on Disney's shares this year, but the House of Mouse is starting to shift more focus to its direct-to-consumer business where continued subscriber growth could fuel the stock to new highs over the next five years.
A scene from season two of The Mandalorian. Image source: Walt Disney.
Source Fool.com