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.

5 Reasons to Buy Disney Stock Hand Over Fist Right Now


Shares of The Walt Disney Company (NYSE: DIS) have taken investors on a less-than-magical thrill ride in recent times. The stock is up 13% in 2024, but also down 17% from its 52-week high set in March -- and far below the heights it reached in early 2021.

While this type of volatility can be frustrating, it may also offer an opportunity to pick up shares in a great company at a discount. Here are five reasons why Disney stock could be a screaming buy right now.

The recent weakness in shares of Disney goes back to its first-quarter earnings (for the period ended March 31), highlighted by some mixed results and muted guidance. Earnings per share (EPS) beat estimates, but annual revenue growth of 1.3% came in slightly below expectations.

Continue reading


Source Fool.com

Like: 0
DIS
Share

Comments