After a short-lived dip that started in the second half of July, the S&P 500 quickly bounced back and is now flirting with a new record high. Investors looking to put some money to work might be discouraged because they believe there aren't many compelling opportunities in today's market.

But that's a flawed perspective. In fact, I believe one company looks like a no-brainer portfolio addition right now.

If I could buy only one stock in the last half of 2024, I'd pick Walt Disney (NYSE: DIS). Here's why.

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Source Fool.com