There's really no debate about it: Walt Disney is one of the most dominant media and entertainment businesses on the face of the planet. It has a history spanning nearly 100 years, one full of fantastic storytelling and memorable experiences.

The House of Mouse has a track record of winning over fans through video entertainment. And keeping this background in mind, it's encouraging that the company launched its own flagship Disney+ streaming service in November 2019. As of Dec. 30, 2023, it counted 111.3 million subscribers, easily making it one of the most popular choices on the market.

But if you're looking for a magnificent streaming stock to add to your portfolio, forget about Disney. Buy and hold this industry leader instead.

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Source Fool.com