Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Ways Disney Stock Can Keep Hitting New All-Time Highs


It's good to be a Mouseketeer these days. Shares of Disney (NYSE: DIS) hit all-time highs on Wednesday, moving nicely higher after a strong start for the company's new Disney+ service. The media giant announced that it has now topped 10 million subscribers to the streaming video service, five times more than what at least one third-party researcher was projecting.

Between discounted deals for early sign-ups willing to prepay for a couple of years upfront and a free one-year trial for customers of the country's largest wireless carrier, it's not a surprise to see Disney+ hit the ground running. Now that the stock has taken out the all-time highs it hit over the summer, the real objective is to keep rewarding its shareholders.

Let's take a look at three things that need to happen for Disney shares to keep moving higher.

Continue reading


Source Fool.com

Like: 0
DIS
Share

Comments