Disney Stock: Bull vs. Bear
On the surface, Walt Disney (NYSE: DIS) stock stands out as an incredible buy, on sale for 33% off its 52-week high. But buying a stock just because its price is lower is usually a great way to get in trouble.
When building an investment case, it can be useful to play devil's advocate by poking holes through your own arguments. As Charlie Munger famously has said, "Invert, always invert. Turn a situation or problem upside down. Look at it backward."
So let's discuss the bear and bull cases on the media stock now to see if the discount on Disney stock is as appealing as it looks.
Source Fool.com