Here's Why Disney Stock Is Worth the Risk
Holding or adding to an investment in Walt Disney (NYSE: DIS) has been fraught with risks over the past 18 months. Just about every aspect of its business was severely constrained or even shut down at various points thanks to the pandemic. These days, it seems like Disney's recovery will continue to come in fits and starts.
Disney management made good decisions early in the crisis when it moved to shore up the balance sheet by suspending the dividend and raising new capital, and accelerated the expansion of its Disney+ streaming television service. But risks remain, and it is worth exploring to see if they can be overcome to help the stock outperform the S&P 500 index over the next 10 years, as it did in the past 10.
Image source: Walt Disney.
Source Fool.com
