3 Charts That Show Why Disney Stock Is Worth Owning for 2022
The Walt Disney Company (NYSE: DIS) may have a diverse set of businesses under its corporate umbrella, but nearly every one was severely impacted by the onset of the pandemic. Disney management pivoted quickly, accelerating the launch of its streaming strategy (headlined by Disney+) and shoring up its balance sheet.
Investors kept the faith throughout 2020, assuming travel and tourism would recover and result in the company having a multi-tiered growth driver strategy going forward. But now a slowdown in streaming subscriber growth, along with recent uncertainty related to the pandemic, has had Disney shares retreating in 2021.
A deeper look into the situation, however, will show how this looks like a great opportunity for investors to jump into a company with unrivaled brands and a truly unique franchise.
Source Fool.com