Disney Stock: Bull vs. Bear
Earnings season is in full swing, and one of the most highly anticipated financial updates came from Walt Disney (NYSE: DIS). The business reported revenue and adjusted earnings per share that came in ahead of expectations, but shares are down about 4% as of this writing, on the day of the announcement.
That weakness continues an ongoing slump for the beaten-down media and entertainment stock, which trades a gut-wrenching 57% below its March 2021 peak. Before you rush to buy the dip, though, learn about the key bull and bear arguments.
I think four notable factors will make investors appreciate this company. For starters, Disney possesses one of the widest economic moats. It's supported by unmatched intellectual property (IP).
Source Fool.com
