A Bull Market Is Coming: 3 Reasons to Buy Walt Disney Stock
Walt Disney (NYSE: DIS) owns some of the most valuable entertainment properties on the planet, but its stock price has taken a beating over the last year. The widening losses in Disney's streaming business caused Wall Street to lose confidence in its growth strategy, which sent the stock plummeting from its previous highs.
In November Disney announced the return of former CEO Bob Iger to lead the company again, picking up the baton from exiting CEO Bob Chapek. Iger is moving quickly to rein in costs, while continuing to invest in areas that will create returns for shareholders. The stock has responded in kind, up 21% year to date.
Here are three reasons Disney could keep moving higher in the next bull market.
Source Fool.com
