Disney's Balance Sheet Contains a Hidden Message About Its Long Term Investing Viability
Like many entertainment companies, The Walt Disney Company (NYSE: DIS) has been hit hard by the global pandemic. The good news is that the global company's diverse revenue dreams are showing signs of recovery while its streaming segment has thrived during the crisis.
The new Disney+ streaming service has reached subscriber milestones faster than anticipated and has beaten Netflix and Amazon Prime on customer satisfaction metrics. Many expect that no matter how long the recovery from the pandemic-induced economic slowdown takes, Disney will bounce back stronger than ever and be a stock to own.
Image Source: Getty Images.
Source Fool.com
