Is Disney a Safe Bet During the Pandemic?
As the COVID-19 pandemic continues to dominate the public's attention, some investors might be wondering if Walt Disney (NYSE: DIS) is a good stock to consider right now. After all, Disney is an entertainment giant. Consumers seem to have a lot more time and need for entertainment these days as social distancing and lockdowns keep more people at home and looking for something to do.
However, the Disney conglomerate is much more than theme parks, movies, or even old Mickey Mouse cartoons. And this media stock's performance often does not properly coincide with the actual condition of the overall company, especially of late.
To answer whether Disney is a good pandemic stock, it's going to require looking at the company overall as well as how it performed compared to the S&P 500.
Source Fool.com
