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3 Reasons Disney Is a Safe Stock to Buy Right Now


Walt Disney (NYSE: DIS) has been a tricky company to figure out lately. On one hand, its largest business, theme parks, has been operating on a limited basis during the pandemic, causing revenue and profits to crater. On the other hand, Disney's streaming services are adding subscribers at a brisk pace and could grow to be worth far more to the House of Mouse than the parks and resorts over the long term.  

With the stock down 17% year to date, some investors might be wondering if now is a good time to buy Disney stock. Here are three reasons why it's safe to buy Disney.

Image source: Getty Images.

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Source Fool.com

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